Cummins Inc (STU:CUM)
€ 341.1 -2.4 (-0.7%) Market Cap: 47.67 Bil Enterprise Value: 54.35 Bil PE Ratio: 23.76 PB Ratio: 4.76 GF Score: 79/100
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Cummins Inc at Deutsche Bank Industrials & Materials Summit Conference Transcript

Jun 07, 2023 / 06:00PM GMT
Release Date Price: €211.8 (+1.58%)
Nicole Sheree DeBlase
Deutsche Bank AG, Research Division - Director & Lead Analyst

Okay. I think we're live again. So for those of you that don't know me or haven't been in all the sessions today, I'm Nicole DeBlase, I cover multi-industry electrical equipment as well as machinery at DB. Next up on the presentation schedule is Cummins. I'm very pleased to introduce Tony Satterthwaite, who is Vice Chairman. Tony has been with Cummins since 1988 and was previously President and COO and has also led 2 business segments, both Distribution and PowerGen.

And then we also have Chris Clulow, who's Head of Investor Relations. So we're going to dive right into the fireside chat. I will open up the -- open up questions to the audience a bit later, so please don't be shy.

Questions & Answers

Nicole Sheree DeBlase
Deutsche Bank AG, Research Division - Director & Lead Analyst

All right. So what are your thoughts on the recent weakness in North America (inaudible) truck orders? And what could this mean for production in second half of '23 and

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