Report
Anthony Dick ...
  • Michael Foundoukidis

Daimler Truck : Q3 adj. EBIT slightly above, FCF/orders soft, 2024 guidance confirmed

>Q3 results above expectations on strong Bus, resilience at Mercedes-Benz - Daimler Truck this morning reported its Q3 results which came above expectations (adj. EBIT +4% vs consensus). In detail, Q3 revenue came in at € 13.1bn, -5% y-o-y, -1% q-o-q, in line with consensus expectations (company-compiled css at € 13.2bn, ODDO BHF € 13.1bn), driven by continued strong price/mix as unit sales were down -11% y-o-y. Adj. EBIT came in at € 1.2bn, -12% y-o-y, +2% q-o-q, i...
Underlying
DAIMLER TRUCK

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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