Oddo BHF - Oddo convertible news 07/01/2020

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Oddo BHF

Oddo convertible news 07/01/2020

Air France-KLM: tender on three straight bond and new bond issue expectedDassault Aviation missed its Falcon delivery target for 2019>...

07/01/2020 7 EN

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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.

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Lufthansa held its capital market day back in September, revealing its 2028-30 objectives. Through turnaround programs at its key brand, cost saving initiatives driven by the modernization of the fleet, investments in digital innovation, on top of the overall market growth, the group is targeting a significant improvement in profitability, with EBIT margins set at 8-10% by 2028-30, compared to 4.4% in FY 2024. While we do expect an improvement in the company’s overall profitability, the European airline industry remains challenging from a cost perspective amid tougher regulations, high disrupt...

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Oddo convertible news 07/01/2020

Carlsberg : A beer with a twist - Coverage initiated at Outperform and DKK 985 TP

Lufthansa : Improvement in profitability expected but CMD targets seem optimistic

Lufthansa : Improvement in profitability expected but CMD targets seem optimistic

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