BMW : Not much new, lacking catalysts
>2023 results and 2024 guidance broadly in line with expectations - After its preliminary earnings release on 14 March, BMW reported its complete full-year results yesterday before trading, with the main new item being the 2024 guidance. For the Autos business (70% of group EBIT), the guidance was slightly better-than-expected on volumes and in line on margins. Some other items of the P&L are set to be better than expected (particularly Eliminations which restates in...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.
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