Daimler : Q2 final release and new guidance rule out the worst-case scenario
>Q2 still just as solid and FYÂ guidance better than expected - A few days after solid and better-than-expected preliminary Q2 2020 results, the final results confirmed the initial good impression both for the results (mix, China notably) and FCF (though it was indeed driven by the WCR as we thought). More importantly, the new guidance given by the management for the FY 20 was a positive surprise and should lead to further increases in expectations, therefore confirmi...Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.
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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