Daimler : Still too soon: we are only at the start of a tough Q2 and visibility's very low
>Results in line with the preliminary figures, visibility still limited - Daimler's Q1 2020 results, reported yesterday, were unsurprising after the preliminary figures released last week which were already relatively close to expectations. But these results nonetheless confirm an already tough first quarter (and marked by fresh one-offs) ahead of what will be an even tougher Q2 (EBIT and FCF in negative territory) and a second half still characterised by very low vis...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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