Aston Martin Lagonda : Q1 2022 weak as expected, risks balance out reward
>Q1 weak but broadly in line, new CEO - AML reported Q1 results that were down YoY but were broadly in line with estimates, impacted according to the group by: 1/ delivery delays; 2/ preparation for production ramp-up of the new SUV, and; 3/ non-cash effects (forex and revaluation). The group confirmed its 2022 guidance, underpinned by its backlog (SUV order book +60% y-o-y but on deliveries down 44% during the quarter, new limited Vantage V12 series sold out). AML al...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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