Report
Michael Foundoukidis

BMW : Welcome financial strength in the current tough environment

>A quantified outlook that reflects autos difficulties - BMW had released its preliminary results the previous week, so the focus of this publication was primarily the outlook for 2020. Whereas, the day before, Volkswagen preferred not to give any new guidance given the high level of uncertainty, BMW ventured to do so, suggesting an impact that is probably higher that what we and investors feared, with a fall in volumes of over 10% and an automotive EBIT margin betwee...
Underlying
BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT

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
Michael Foundoukidis

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