Report
Anthony Dick ...
  • Michael Foundoukidis

Daimler Truck : Robust Q3 figures, still attractive outlook, and heavily discounted valuation

>A solid Q3 despite production disruption - DT yesterday morning reported Q3 results that were broadly in line with expectations (see first take here). Results came in slightly down sequentially (EBIT -6% q-o-q vs a record Q2) due to localized supply chain disruptions (deliveries down -5% y-o-y, -2% q-o-q despite a still strong backlog), but performance was still very robust notwithstanding (EBIT +5% y-o-y despite lower volumes and adverse forex impact of € 55m, marg...
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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