2024-06-18 09:28Group 1: Heavy Truck Industry Outlook - The heavy truck industry in 2024 is expected to see a cumulative sales of approximately 433,000 units from January to May, representing an 8% year-on-year growth [1] - Factors such as the accelerated elimination of old vehicles and positive domestic economic development are anticipated to boost market demand [1] - The industry is expected to maintain high export levels due to strong demand in Southeast Asia, with stable year-on-year growth projected for the entire year [1] Group 2: Smart Logistics Business Performance - The smart logistics business continued its positive development in Q1 2024, with revenue and profit both increasing [1] - Adjusted EBIT reached €230 million, with a notable improvement in profitability [1] - The adjusted EBIT margin rose to 7.9%, an increase of 2.3 percentage points compared to the same period last year [3] Group 3: Future Business Growth Points - The company is expected to benefit from the growth of the heavy truck industry and the high demand in niche markets such as natural gas heavy truck engines [3] - There is an intention to steadily increase profit contributions from various business segments, including large-bore engines, heavy trucks, smart logistics, and agricultural equipment [3] - The focus is on achieving high-quality and stable growth [3]