Daimler Truck : Credible confidence
>2024 scenario raised, 13% above the consensus for EBIT and 17% for net profit - On Friday morning, Daimler Truck (cf. first take) published strong Q4 results, well above expectations (EBIT +10% vs the consensus, attributable net profit +24%). Moreover, the group delivered a positive surprise with a confident guidance for 2024 (stable EBIT despite a market that is expected to decline, FCF expected slightly up). Despite the slowdown in the cycle, Daimler Truck should ...
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