The company announced late Tuesday evening that the book value of the BFDA joint venture has been completely written off, resulting in a one-time charge of 120 million euros ($130.8 million). This non-cash write-off will negatively impact the adjusted earnings before interest and taxes (EBIT) of the Asian truck segment and the industrial business in the second quarter.

The preliminary EBIT of the Daimler Truck Group amounted to 1.08 billion euros in the second quarter, compared to 1.38 billion euros in the same period of the previous year. This fell short of analysts' estimates of 1.25 billion euros according to the consensus figures provided by the company.

On an adjusted basis, the Group's adjusted EBIT amounted to 1.17 billion euros, compared to 1.43 billion euros in the previous year and also below the consensus forecast of 1.26 billion euros.

Daimler Truck announced that the segments Trucks North America and Daimler Buses exceeded market expectations, while the results of Mercedes-Benz and Financial Services were below forecasts.

The company plans to publish the complete results for the second quarter on August 1.