Report
Anthony Dick ...
  • Michael Foundoukidis

Volvo AB : T3 2023 solide et tonalité rassurante sur 2024 malgré la baisse du marché

>Un T3 toujours très solide, 2024 en baisse mais maitrisée ? - Volvo a publié hier matin des résultats T3 (first take ici) solides et supérieurs aux attentes (17% supérieurs au consensus au niveau de l’EBIT, 15% sur le BPA) tirés par une performance toujours solide des poids lourds (EBIT ajusté +22% vs css), en partie compensée par un ralentissement dans l’équipement de construction (EBIT -8% vs css, marge en baisse de 300 pb vs T2). En ce qui concerne 2024, Volvo a p...
Underlying
Volvo AB Class B

Volvo is a manufacturer of trucks, buses, construction equipment and marine and industrial engines. Co.'s activities are organized into six areas: Group Trucks, which sells and markets trucks under Eicher, Mack, Renault Trucks, UD Trucks and Volvo brands; Construction Equipment, which includes equipment for construction and related industries; Buses, which includes buses and bus chassis for city, intercity and coach traffic; Volvo Penta, which manufactures engines and drive systems for boats and commercial craft; Governmental Sales, which manufactures special-purpose vehicles; and Volvo Financial Services, providing customer financing and leasing, dealer financing and fee based products.

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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