Peugeot SA : Continuing to demonstrate its strengths
>Q1 and management were both very convincing - As expected, Peugeot's sales, reported yesterday, came in sharply lower (-16%) but the fall is much less significant than the slump in volumes in Q1 (-29%). This confirms its strengths (mix, price), which should allow it to show greater resilience in this environment. Even more importantly, the CFO was also very convincing in the conference call on the management of the crisis internally (cost cutting, cash management) wh...Peugeot is an automobile manufacturer (cars and light commercial vehicles), supported by two brands: Peugeot and Citroen. Co.'s activities are divided into four main segments: Automobile (Co. designs, manufactures and markets passenger cars and light commercial vehicles under Peugeot and Citroen brands), Finance (Co. provides retail and wholesale financing to customers and dealer networks), Automotive equipment (Co. produces Interior Systems, Automotive Seating, Automotive Exteriors and Emissions Control Technologies) and Other businesses (Co. produces scooters).
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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