Oct 23, 2024 / 07:00AM GMT
Operator
Welcome to Dometic Q3 Report 2024. Today, I am pleased to present CEO, Juan Vargues; CFO, Stefan Fristedt; and Head of Investor Relations, Rikard Tunedal.
(Operator Instructions)
Now I will hand the conference over to the speakers. Please go ahead.
Juan Vargues - Dometic Group AB(publ)-President - Chief Executive Officer
So good morning, everybody, and welcome to this presentation of the Q3 report for Dometic. Let's start immediately with the highlights. So the market remains challenging, clearly, despite the fact that the interest rate decreases have been announced. We feel that both consumers are still cautious with the purchases, as well as the value chain, meaning retailers and distributors, continue to be very, very, very cautious and avoid to build up inventories as much as they can, especially in front of the low season that we are approaching now.
Retail inventories, on the way down. Lower than last year already. But as I commented already, we feel cautiousness from customers. OEM,
Q3 2024 Dometic Group AB (publ) Earnings Call Transcript
Oct 23, 2024
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