Volkswagen (pref) : Solid preliminary figures and guidance however in a still uncertain context
>Preliminary figures and guidance for 2022 better than anticipated - On Friday evening, Volkswagen published preliminary figures for Q4 2021 which came largely better than expected (Q4 EBIT close to 30% above expectations) as well as relatively solid guidance for 2022 (a shade above expectations), even though unsurprisingly not factoring in a potential deterioration in the geopolitical situation and the consequences that this might have on the automotive sector and t...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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