Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
REVG.N - REV Group Inc
Q4 2023 REV Group Inc Earnings Call
Dec 13, 2023 / 03:00PM GMT
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Presentation
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Unidentified Corporate [1]
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Backlog revenue has also benefited from pricing actions put in place over the past few years. We believe improved execution, higher selling prices and the reliability of our $3.6 billion. F&E backlog, which is largely municipal tax base, positions us well for 2024. Fiscal 2023 demonstrated the success of pricing actions across the route portfolio as we have noted in past calls, the recreation and commercial segments were the first to enjoy pricing tailwinds within fiscal 2022 and early into fiscal 2023.
The recreation segment benefited from increased industry pricing, strong market reception of our new product introductions and a relatively low 2023 mile. Your lot inventory entering the year, which allowed this segment to manage