ZF Friedrichshafen : Attractive yields meet many risk pockets

>ZF is still suffering from high leverage, the result of larger acquisitions, which were strategically the right thing to do. But rising cost of debt coupled with material refinancing needs in the next years create challenges and need to be solved in parallel to industry transformation. Part of how to answer these challenges include assets sales, some sort of right sizing and to improve profitability, while the supply chain challenges from the last few years are gradually...