Report
Anthony Dick ...
  • Michael Foundoukidis

BMW : Attentisme

>T2 légèrement inférieur sur l’Auto, guidance réitérée - BMW a publié hier avant Bourse des résultats T2 globalement conformes au global, légèrement inférieurs sur l’EBIT Auto (-2% vs css, marge 20 pb en-deçà), cf. First Take. Le groupe fait état d’une érosion de sa marge Auto (8,4%, -80 pb y-o-y, -40 pb q-o-q), impactée par la normalisation des prix, la hausse de la R&D, et l’inflation coûts (SG&A, manufacturing), partiellement compensée par la détente sur les matiè...
Underlying
Bayerische Motoren Werke AG

Bayerische Motoren Werke is a holding company, engaged in the development, manufacture and sale of cars and motorcycles. Co. owns three brands: BMW, MINI and Rolls-Royce. Co.'s BMW automobile range encompasses the 1 Series, including coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, including sedan and touring models; the 6 Series, including coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models. Co. also provides cars under the MINI brand and motorcycles under the BMW brand. The Rolls-Royce brand provides three cars, Phantom, Coupe and Ghost.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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