Report
Anthony Dick ...
  • Michael Foundoukidis

Vitesco : Q2 prelims & FY outlook cut on lower volumes, notably for BEVs

>Q2 prelims broadly in line (ex FCF) but FY 2024 outlook cut meaningfully - Vitesco yesterday evening published preliminary Q2 2024 earnings which came broadly in line with expectations (ex FCF) but cut its FY outlook as a result of lower volumes, notably for BEVs.Final Q2 results and detailed FY 2024 guidance will be released with the half-year report on 13 August.Q2 earnings light on lower volumes, notably for BEVs, FCF at -€ 388m - In detail, ...
Underlying
VITESCO TECHNOLOGIES GRP AG

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
Anthony Dick

Michael Foundoukidis

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