Daimler Truck -- Has It Turned The Corner? Reports Record Margins Despite Rising Costs -- August 1, 2023

Locator: 45286TRUCKING.

Link here.

This article corroborates what I've heard elsewhere.

Highlights:

• 2Q23 adjusted return on sales: 10.3% for its industrial business
• supply chains were easing
• some bottlenecks but no major production downtime was expected
• company's order intake was down partly because it had not yet opened up order books for next year
• guidance: "won't be a bad year next year"
• guidance: raised approx 100 basis points