BMW : Solid but still short on catalysts
>Still confident on the outlook - After having already published preliminary FY22 results on 09/03 (which, as a reminder, came in line with expectations overall but with a lower-than-anticipated margin, mainly attributable to China), the focus of BMW's final FY results release yesterday morning was on the 2023 outlook. In this regard, the group still displayed confidence, guiding for a stable or even growing Autos EBIT margin in 2023 (range of 8 to 10% vs. 7 to 9% gui...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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