LEINFELDEN-ECHTERDINGEN (dpa-AFX) - Commercial vehicle manufacturer Daimler Truck nearly tripled its profit in the first quarter. Group earnings in the three months from January to March were 795 million euros, the DAX-listed group announced in Leinfelden-Echterdingen on Tuesday. A year earlier, the figure was only 275 million euros. A year ago, among other things, costs for the withdrawal from Russia had burdened. Daimler Truck had - as already known - started the year well in the day-to-day business, key data had already presented the Swabians. Revenue climbed to 13.2 billion euros thanks to stabilized supply chains and a 25 percent increase in unit sales. In the vehicle manufacturing business, the adjusted operating margin before interest and taxes, which attracts a lot of attention on the capital market, was 8.8 percent, an increase of almost three percentage points.

However, compared with the strong prior-year figure, order intake fell by 11 percent to 122,935 vehicles. However, CFO Jochen Goetz continued to see the situation for the company as comfortable. "The continued high demand for our trucks, buses and services is a good basis for maintaining the positive momentum for the coming quarters," the manager said, according to the statement. Daimler Truck confirmed its full-year forecasts./men/mis