Daimler Truck : Solid Q1 results and guidance upgrade
>Good Q1 2022 and still-confident outlook - Daimler Truck yesterday morning reported solid Q1 2022 results which beat expectations. The group continues to benefit from strong demand translating into both volume and price growth. The margin came in slightly lower on a y-o-y basis as a result of inefficiencies arising from supply problems and higher raw materials costs, but it should benefit over the next few quarters from continuing price increases (Q2 in North America...
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.
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