Volkswagen (pref) : Problems identified, observations shared, time for execution...
>A consensual strategy, but confidence on execution less so - Yesterday's announcements were broadly in line with expectations and the indications in the press over recent weeks, as evidenced by the modest share price reaction (-0.9%). The strategic directions, which are relatively consensual (focus on value vs volumes, priority given to FCF, geographic diversification, responsibility given to each brand, etc.), are no doubt steps in the right direction. However, thes...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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