Paccar Inc. unveils analyst presentation outlining growth, innovation, and market expansion strategies

Reuters
Yesterday
Paccar Inc. unveils analyst presentation outlining growth, innovation, and market expansion strategies

PACCAR Inc. held an analyst day presentation featuring senior executives including CEO Preston Feight, Senior Vice President Laura Bloch, Executive Vice President and CTO John Rich, President Kevin Baney, and CFO Brice Poplawski. The presentation highlighted PACCAR’s recent financial performance, noting an increase in annual deliveries to 144,200 units and revenues reaching $28.4 billion, with adjusted net income of $2.6 billion and a return on revenues of 9.3%. The contribution of parts and financial services to total profit rose to 71%. The company also reported growth in cashflows across business cycles and emphasized the expansion of its parts and financial services segments. You can access the full presentation through the link below. https://www.paccar.com

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