Report
Charlotte Vaisse ...
  • Emira Sagaama
  • Jean-Baptiste Rouphael
  • Olfa Taamallah
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/12/2022

Our numbers depict a significant earnings recovery (NP +46% CAGR 2021-2025e), but this alone is not sufficient. We believe that likely asset disposals will help reduce leverage which, together with higher transparency and improved governance, will provide some peace of mind to investors and help the share price close the gap with its fair value. We maintain our positive view. - ...
Underlying
Rheinmetall AG

Rheinmetall is a holding company. Through its subsidiaries, Co. operates in two sectors: defence and automotive. Co.'s defence sector is comprised of three divisions: combat systems, engaging in armored tracked vehicles and NBC protection systems; electronic solutions, engaging in air defence systems and soldier systems; and wheeled vehicles, engaging in wheeled logistics vehicles and wheeled tactical vehicles. Co.'s automotive sector is comprised of three division: mechatronics, engaging in cutting emissions and air management systems; hardparts, engaging in pistons and plain bearings and bushes; and motorservice, which includes aftermarket activities for replacement parts business.

Provider
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
Charlotte Vaisse

Emira Sagaama

Jean-Baptiste Rouphael

Olfa Taamallah

Yan Derocles

ResearchPool Subscriptions

Get the most out of your insights

Get in touch