Volkswagen (pref) : A CMD to confirm the quality of the Porsche asset and the solid outlook
>Attractive prospects, increased freedom thanks to the IPO - The Porsche CMD, held yesterday, afforded the OEM an opportunity to detail its strategy and ambitions ahead of the IPO that it still hopes to realise before the end of the year (25% of the capital, half of which is open to public investors and the other half subscribed by the holding company Porsche SE). We feel that the various presentations have confirmed the attractive prospects of the latter, marked by g...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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