Report
Anthony Dick ...
  • Michael Foundoukidis

Volkswagen (pref) : An encouraging release in the current tough context

>Solid Q4 2021 earnings and 2022 outlook - The OEM’s full set of results, coming a few days after the prelims, confirmed its excellent performance at the end of the year, driven notably, and as could be expected, by solid momentum in terms of price/mix (especially prices and in the premium segment) associated with cost cutting efforts. Importantly, these earnings form a robust foundation from which the OEM can embark on 2022 which is still looking uncertain on a numbe...
Underlying
Volkswagen AG Pref

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.

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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