Research Detail
| 2023/08/17 / Erste Group Research |
Growth not expected to accelerate until 2024 Rating changes: Siemens, Mercedes-Benz Group, Johnson & Johnson, Toyota Motor, Amgen, Daikin Industries Sales growth of only +0.7% (y/y) and moderate earnings growth of +3.4% (y/y) are expected for the companies in the global equity index in 2023. Only for the coming year do the consensus estimates assume higher growth rates. Accordingly, in 2024 sales should increase by +4.3% (y/y) and profits by +9.4% (y/y). Toyota Motor: Sales growth in all sales regions Amgen: Operating margin increases, outlook adjusted upward Johnson & Johnson: 2Q23: Earnings up again on improved margins, guidance raised by strong medical technology outlook |
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General information
| Author | Erste Group Research |
| Date | 2023/08/17 |
| Language |  |
| Product name | Recommendation List |
| Topic in focus | Equities |
| Economy in focus | Eurozone, Germany, Japan, Switzerland, United Kingdom, United States |
| Currency in focus | British Pound, Euro, Swiss Franc, US Dollar |
| Sector in focus | Automobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Financial Services, Food & Beverage, Health Care, Industrial Goods & Services, Insurance, Media, Oil & Gas, Personal & Household Goods, Retail, Technology, Telecommunications, Travel & Leisure, Utilities |
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