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Anthony Dick ...
  • Michael Foundoukidis

Volkswagen (pref) : Un T3 sans grande surprise mais l’essentiel est ailleurs

>T3 faible mais pas pire qu’attendu, rebond espéré au T4 (hors risques de grèves) - Le T3 (cf. flash dédié hier) était attendu comme le trimestre le plus faible de l’année sous l’effet conjugué d’un environnement difficile et d’éléments exceptionnels (essentiellement chez Progressive, liés aux restructurations d’Audi à Bruxelles). Ce fut le cas, avec des résultats faibles (MOP de 3.6% ou 5.2% hors exceptionnels) mais globalement en ligne. Dans le détail, si le groupe ...
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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