Volkswagen (pref) : Q2 release slightly above expectations, outlook confirmed
>Strong Q2, outlook confirmed with H1 already well ahead - Volkswagen released Q2 2022 results which were higher than expected and confirmed, as expected, its FY 22 outlook. Uncertainty on the macro side (notably energy supply) likely weighed too much for the group to revise its outlook upwards, despite the advance made after H1, as we expected. On top of the discussion around earnings, the business environment and demand outlook in current macro context, analysts’ fo...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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