EarningsDTG released 3Q24 results with industrial revenue in line and group adjusted EBIT approximately 5.6% ahead of consensus, driven by strong performance in segments like Mercedes-Benz, Trucks Asia, and Buses.
Financial PerformanceThe overall industrial adjusted EBIT is forecasted to be about 5% ahead of the current consensus, suggesting better-than-expected profitability.
Stock RecommendationDespite a slight decline in the price target, the analyst reiterates a 'Buy' recommendation for the stock.