Mercedes-Benz AG : The beat goes on (for now)
>Another solid quarterly performance and FY upgrade, as expected - A solid release was (again) expected, and Mercedes-Benz did not disappoint despite expectations that had been rising since the end of the summer on the back of the improving volumes (+23% at consolidated level, +38% in total incl. China) and solid price/mix. Moreover, the OEM also again raised its FY targets (second time this year), although it was already reflected in consensus/ODDO BHF expectations a...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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