Volkswagen (pref) : CMD Preview - At a crossroads
>Next week CMD key to start improving the sentiment on the stock - Almost a year after his appointment as group CEO, Oliver Blume (who still combines his role as CEO of Porsche AG), will present on 21 June the OEM’s strategy at a highly anticipated CMD. The press has already cited many points, as has the VW brand which published a press release yesterday. The information already known notably concerns future cost savings initiatives and strategic priorities (geographi...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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