DGAP-Ad-hoc: VOLKSWAGEN AG / Key word(s): Half Year Results 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
09-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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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1217356 09-Jul-2021 CET/CEST
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