BMW : Increased caution stoking concerns about 2023 outlook for OEMs
>A solid Q2 but a more cautious message on H2 2022 - BMW's relatively solid Q2 2022 release (see Equity Flash published on 3 August) was masked by management's more cautious view, reflected notably in a downward revision of the volume scenario and FCF target. Admittedly, this caution, in marked contrast to the optimism displayed by peers recently, partly reflects BMW's traditional conservatism, but it also echoes investors' concerns about the state of demand in the se...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.