Report
Joan Sehim

Mahle : Feedback from virtual roadshow: transformation, but not at any cost

On 3 November, we hosted a non-deal roadshow with Florian Ulrich, head of Group Financing and Investor Relations. The group remains cautious for H2 2021 due to the current difficult environment but is fairly optimistic regarding future growth prospects thanks to new products and additional electrification. On the M&A front, reassuring messages have been delivered regarding a potential transformative deal. We reaffirm our Buy recommendation on the 2028 bonds, which still offer a s...
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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
Joan Sehim

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