Daimler Truck : An in-line release, enough to sustain momentum
>Q3 broadly in line and 2024 guidance confirmed – enough to reassure - Daimler Truck reported yesterday before trading earnings that came broadly in line with forecasts (see our First Take). Adjusted EBIT is still down y-o-y but stable sequentially and this is also the case for the Mercedes-Benz margin despite continued volume contraction in Europe, which is reassuring after the disappointing Q2 performance. Following this release, the group confirmed its 2024 guidan...
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