Volkswagen (pref) : A very solid 2019 release and a reassuring outlook for 2020
>Prelims better than expected (revenues, EBIT, FCF and dividend) - Volkswagen has reported preliminary figures for 2019 that came in above expectations, notably on the underlying margin, FCF and the dividend. Pending the publication of definitive results on 17 March, the carmaker has also reiterated the main elements of its guidance for 2020, issued at the announcement of the Planning Round 68 in November 2019, despite the impact of the coronavirus (known at this stag...Volkswagen the parent company of the Volkswagen Group. It develops vehicles and components for the Group's brands, and produces and sells vehicles such as passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. In the electricity sector, Co. performs electricity generation, sales and distribution together with a Group subsidiary. Western Europe, China, Brazil, the U.S., Russia, Mexico and Argentina are the key markets of the Group. The automotive division comprises the passenger cars, commercial vehicles, and power engineering segments, while the financial services division corresponds to the financial services segment.
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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