Daimler Truck first quarter profit jumps to €737 million

Daimler Truck Holding XE:DTG said Tuesday that net profit soared in the first quarter of the year due to improved global supply chains and strong demand.

The German maker of commercial vehicles net profit jumped to 737 million euros ($811.1 million) in the quarter from EUR257 million a year earlier.

Revenue rose to EUR13.20 billion from EUR10.55…

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