Stefan Dias's questions to Oshkosh Corp (OSK) leadership • Q3 2024
Question
Stefan Dias, on behalf of Angel Castillo, questioned the drivers behind the reduced Access segment sales outlook, asking about order cancellations or delays and the bridge to 2025. He also inquired about the incremental price upside within the Vocational segment's backlog.
Answer
President and CEO John Pfeifer explained the Access backlog has timing elements, with some orders scheduled for 2025, and acknowledged some pushouts and cancellations impacted Q3 orders but noted the overall backlog remains healthy. EVP and CFO Michael Pack added that the Vocational backlog contains strong double-digit price increases that will continue to benefit results for the next few years.