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Max Liss

Senior Equity Analyst at Kepler Cheuvreux

Mats Liss is a Senior Equity Analyst at Kepler Cheuvreux, specializing in coverage of Nordic industrial and automotive companies such as Bulten, Fagerhult, and MEKO. With a reputation for deep sector insight, he has been recognized for consistent coverage of leading listed firms in the region, contributing to investment decisions by providing earnings analyses and trend assessments. Mats has held his role at Kepler Cheuvreux for several years following previous experience in financial research across the Swedish equity market. His credentials include sector-specific expertise and years of experience guiding institutional investors in key Scandinavian equities.

Max Liss's questions to PACCAR (PCAR) leadership

Max Liss's questions to PACCAR (PCAR) leadership • Q4 2024

Question

Max Liss requested more detail on the European truck market, including country-specific trends and capacity utilization for DAF. He also asked if the backlog coverage in Europe was similar to the group average.

Answer

CEO Preston Feight and President and CFO Harrie Schippers described the European market as experiencing slight growth, with Central and Eastern Europe remaining softer than Western Europe. Schippers noted DAF's capacity utilization is 'good,' and Feight added that they continue to invest in efficiency and have capacity for growth. Schippers confirmed that the backlog coverage in Europe is in line with the total group.

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