Strong recovery momentum continued in Q3, driven by the resilient performance across segments and successful progress with respect to the productivity improvement measures, which also led to another guidance upgrade for 2023. Segment-wise, D&T led the pack, followed by healthy contributions from CC and PH. Despite this, the markets remained concerned about the weaker order intake, and possibly a negative consent decree outcome for recalled devices. Although we believe these concerns seem overbl ....
23 Oct 2023
Another beat + guidance upgrade; although markets are worried
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Another beat + guidance upgrade; although markets are worried
Strong recovery momentum continued in Q3, driven by the resilient performance across segments and successful progress with respect to the productivity improvement measures, which also led to another guidance upgrade for 2023. Segment-wise, D&T led the pack, followed by healthy contributions from CC and PH. Despite this, the markets remained concerned about the weaker order intake, and possibly a negative consent decree outcome for recalled devices. Although we believe these concerns seem overbl ....