Volkswagen posts fall 15% in annual earnings in the restructuring context

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New Volkswagen ID. Every1 is shown during the presentation during the presentation of the Volkswagen ID card. On March 2025, in Dusseldorf, Germany.

Andreas rentz | Getty pictures

German Autos Giant Volkswagen On Tuesday, 15% annual drop in the annual operating benefit, referring to “emergency expenses” related to the restriction strategy.

In 2024, 324.7 billion euros ($ 352.8 billion) in 2024 placed an income of 322.3 billion euros. This year, the car manufacturer predicts that the previous year of the previous year in 2025 will increase to 5% and the margin of 5.9%, 6.5% this year.

The company stated a 3.5% decrease in the sale of vehicles by 2024, but the annual “strong results in a difficult environment”.

Volkswagen’s shares increased by about 1.9% in London at 8:44 in London on Tuesday.

The company, this is 6.30 euros for a regular share and 6.36 per 6.36 in 6.36 in the general meeting of 1,636 in the general meeting, 30% was reduced to each other.

Despite the savings Drop, in 2024 'decent results': Volkswagen cfo

The autos section of the Volkswagen ended in 2024 net liquidity in 2024, in low levels of 10.5% per annum. The company said that in 2025, 34 billion euros and 37 billion euros will be between 37 billion euros, “the group’s strongest financing and liquidity policy” remains. “

However, he also warned about the upcoming headlines.

Company, this He previously told CNBC that would be suitable for temporary exemptions “Political uncertainty, growing trade restrictions and geopolitical tensions” will create difficulties this year in a profit report on Tuesday, USA.

Rules related to increased competition, variable commodity prices and waste will create difficulties.

‘We are already feeling like an American company’

Speaking to CNBC’s Annette Weisbach on Tuesday, Volkswagen’s Chief Financial Officer Arno Antlitz, the company is not “happy” company.

“We have big brands, Porsche, Lamborghini, Volkswagen – we have great products and there are global scales,” he said. “And on these terms, we must do more.”

Nevertheless, 2025 outlooks, “a difficult, competitive environment and a company and a company in the transition.

“We must keep our burning engine cars for our customers. Electricityization should invest significantly with digitalization. We increase the EVS and increase the software,” he said. “Thus, these initiatives, financial (our goals) in 2025, but they must give us tail in 2026 and later.”

He added that the company’s strategy was to defend 25% of the share in Europe, maintain its share in China and train the participation in America.

We already feel like an American company, say Volkswagen CFO

As for the US President Donald Trump’s SEEWING Tariffs, Regime Antlitz said that the Volkswagen can affect how the operations can affect the operations.

“We are a global company. We prefer open markets, I am sure what the tariffs think about the tariffs,” he said. “We can already feel like an American company () Americanooga (, Tennessee). We hire tens of thousands of people in our Carswagen group.

 
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