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VOLKSWAGEN AG: Volkswagen AG announces preliminary figures for the first half 2021

·1-min read

VOLKSWAGEN AG / Key word(s): Half Year Results
VOLKSWAGEN AG: Volkswagen AG announces preliminary figures for the first half 2021

09-Jul-2021 / 14:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Volkswagen AG announces preliminary figures for the first half 2021

The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit. Also the reported Automotive net cash position showed a very positive development. The bottleneck in semiconductors has shifted and will rather impact us in H2.

Based on preliminary figures, the Volkswagen Group expects the following for the first half 2021:

- Operating profit of around 11 billion Euros

- Reported Automotive net cash flow of around 10 billion Euros

The key financial figures for the first half 2021 will be disclosed on July 29, 2021.

Helen Beckermann
Head of Volkswagen Group Investor Relations

09-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

VOLKSWAGEN AG

Berliner Ring 2

38440 Wolfsburg

Germany

Phone:

+49 (0)5361 9 - 49015

Fax:

+49 (0)5361 9 - 30411

E-mail:

helen.beckermann@volkswagen.de

Internet:

www.volkswagenag.com/ir

ISIN:

DE0007664039, DE0007664005

WKN:

766403, 766400

Indices:

DAX, Euro Stoxx 50

Listed:

Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange

EQS News ID:

1217356


 

End of Announcement

DGAP News Service

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