Volkswagen (pref) : A good set of Q2 figures and a reassuring message
>Reassuring release and confident tone from management - The group’s solid and better-than-expected Q2 figures released yesterday, the confirmation of its full-year guidance, as well as management’s confident tone in the conference call (momentum in H2, order book, capacity to reach the higher end of the margin range notably) struck us extremely reassuring, particularly after the unsettled context of recent months (Ukraine, Chine, inflation), and even in recent days o...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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