shares in daimler truck holding ag traded sharply higher thursday after the company said that it met its targets for 2021 boosted by market recovery and cost measures and that it expects sales to grow this year despite supplychain bottlenecks at 0815 gmt daimler truck shares were trading 63 higher at eur2552 the german commercialvehicles maker said fullyear revenue for 2021 came in at 398 billion euros 438 billion a 10 increase from a year earlier incoming orders in the industrial business increased 37 to 590000 units driven by strong demand across segments it said although its truck portfolio in europe and north america was affected by supplychain constraints daimler truck said it delivered on its costcutting and marginimprovement targets looking at the year ahead daimler truck said it doesnt expect its supply chains to be significantly affected by the war in ukraine though it expects bottlenecks in the semiconductor industry to continue to hurt sales mainly in the first half the company expects revenue for the year in the range of eur455 billion to eur475 billion and a significant increase in adjusted earnings before interest and tax in the current year