CIE Automotive : One of the rare players able to take advantage of a challenging environment
>Good Q3 that should lead to some consensus upgrades - During trading yesterday, CIE reported solid Q3 results that beat expectations (+6% above consensus EBIT and net profit) illustrating the group’s good momentum (market share gains) as well as the gradual improvement in the automotive supply chain. The group has still not given any quantified guidance for the full year, preferring to stick to its usual cautious stance. However, this good Q3, coupled with the prosp...CIE Automotive is the parent company of an industrial group formed by several companies that are engaged in the design, manufacture and sale of automobile component and sub-units on the world market. In addition, Co. is also engaged in the bio-fuels business which is in the initial stages of development and is made up of various companies devoted to the production and distribution of bio-fuels.
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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