Beijer Ref’s Post

EFERT: 4Q2023 EPS at Rs8.35 up 74% YoY and up 16% QoQ; 2023 EPS at Rs19.61 up 64% YoY - earnings higher than industry expectations. 4Q2023 DPS Rs8.0, 2023 DPS Rs20.50 - higher than industry expectations.

The industrial truck market size is expected to see strong growth in the next few years. It will grow to $31.68 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. T https://lnkd.in/ghPYseJd #marketresearch #marketintelligence #marketreport #industryanalysis #TheBusinessResearchCompany #TBRC #GlobalMarketModel

Forecast by the end Q2 2024 Selling Price /EBITDA [ Source; DEALSTATS VALUE INDEX | Q2 2024 bvresources.com ] " All-time EBITDA multiples remain the highest for the information sector (11.0x) and the utility sector (8.2x). Meanwhile, the lowest all-time EBITDA multiples are in the accommodation and food services (2.6x) and the other services sectors (3.1x). The median across all industry sectors for all periods is 4.1x. The information sector has shown a notable recent increase, with the last 12-month EBITDA multiple rising to 17.6x compared to its all-time period multiple of 11.0x."

Prices on second hand equipment have continued to fall. The peak was May 2022 with broken supply chains placing upward pressure on the domestic second hand market. By way of example – sale prices on second hand motor vehicles have reduced 17% on average This is not adjusting for variables such as model, make, geography ect. A further reduction of 5-10% is forecast throughout 2024 as markets continue a post covid correction largely driven by increased supply. For more specialised equipment some prices have remained resilient. While others have experienced a more significant reduction. Source – Moody’s Analytics

According to Stratistics MRC, the Global Electric Vehicle Compressor Market is accounted for $2.68 billion in 2024 and is expected to reach $7.49 billion by 2030 growing at a CAGR of 18.7% during the forecast period. Read more: https://lnkd.in/gv6ENUKG #marketresearchreport #research #market #data #marketgrowth #marketforecast #marketanalysis #marketdata #researchmethods #marketresearchreports #marketresearchcompany #businessconsultingservices #businessconsulting #businessconsultants #businessresearch #customreports #marketresearcher #marketresearch #globalmarketoutlook #trends #marketshare #forecast #industryanalysis #stratistics #strategymrc #ElectricVehicleCompressor

The OMC sector volumes ended FY24 at 15.3mn tons, marking an 8%YoY decline, lowest since 15.15mn tons recorded in FY06. APL’s ex-RFO offtakes rose 4%YoY in FY24, in contrast to industry decline of 3%YoY during the period. Looking ahead, we anticipate modest recovery of 4-5% in OMC sales in FY25E, likely spurred by an uptick in LSM and transport sector. PSO stands as our top pick from the sector, with a June’25 target price of PkR290/sh on the stock, offering upside potential of 73% over the last close

🇺🇸 US August S&P Global Manufacturing PMI 48.0 vs 49.5 Expected ▪️ Prior 49.6 Read full report: https://lnkd.in/daqussqc --- 🇺🇸 US August S&P Global Services PMI 55.2 vs 54.0 Expected ▪️ Prior 55.0 Read full report: https://lnkd.in/daqussqc --- 🇺🇸 US July Existing Home Sales 3.95M vs 3.94M Expected ▪️ Prior 3.90M (Revised from 3.89M) ▪️ Existing Home Sales m/m 1.3% vs 1.3% Expected, Prior -5.1% Read full report: https://lnkd.in/g9fG3az ⚡ Follow the economic events: bit.ly/49WH4Jy #MTFX #EconomicUpdate #EconomicAnalysis

Goods demand is slow growing, capacity still tight and spot rates still high - these are all contributors to the soft market we are still in. Ahhh predictions..... Enter consistency along with communication, visibility and outstanding service. These are the things within our control on a daily basis.

DID YOU KNOW… #ATRI’s Cost of Congestion research found that from 2016 to 2021 the annual cost of congestion for the trucking industry increased from $74.5 to $94.6 billion – a 27% increase across six years of analysis. During this same time period the Consumer Price Index (CPI), a measure of inflation, increased only 12.9%. Thus, trucking’s congestion costs rose at more than twice the rate of the CPI as a result of increased industry costs, congested roadways and a record-high truck vehicle miles traveled (VMT) in 2021. To learn more, check out the full ATRI report as well as the executive summary of findings here - https://lnkd.in/gJNMZhUm #TruckingResearch

Wonder what the GHG emissions are from vehicles sitting idle in traffic? Or extensive detours as a result of failing, unmaintained infrastructure? The Climate Commitment Act in Washington State prohibits spending on traffic mitigating infrastructure, transportation dollars are dedicated to bus rides, bike & pedestrian paths, and local rail. We could have done better for the ultimate payers of the CO2 tax by acknowledging people are still going to need to drive, people demand efficient deliveries, and all modes of freight and people movement need to be prioritized to reduce congestion and improve efficiency. Another reason Washington Trucking Associations is supporting #Initiative2117 and encouraging our members to #VoteYEStoPayLess in November.