Volkswagen (QX) (USOTC:VLKAY)
Historical Stock Chart
1 Year : From May 2012 to May 2013

FRANKFURT--The following is a summary of analysts' forecasts for Volkswagen AG (VOW.XE) second-quarter results, based on a poll of 10 analysts conducted by Dow Jones Newswires (figures in million euros; EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released July 26.
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Net
Operating Net attrib.
2nd Quarter Sales Profit EBT profit profit
AVERAGE 47,269 3,167 3,624 2,636 2,394
Prev. Year 40,297 3,174 6,010 4,784 4,672
+/- in % +17 -0.2 -40 -45 -49
MEDIAN 47,615 3,160 3,518 2,704 2,490
Maximum 48,131 3,530 4,161 3,020 2,519
Minimum 45,789 2,900 3,260 2,114 2,176
Amount 10 9 8 4 5
Barclays 48,059 3,530 4,039 2,848 --
BoA-Merrill Lynch 45,908 3,121 4,161 3,020 --
Citigroup 47,500 2,957 3,332 -- 2,507
Credit Suisse 48,131 3,288 -- -- --
DZ Bank 46,409 3,184 3,261 -- 2,176
J.P. Morgan 45,789 3,119 -- -- --
LBBW 48,000 3,160 3,410 2,560 2,490
Natixis 47,195 2,900 3,260 2,114 2,280
UBS 47,729 -- 3,900 -- --
Warburg Research 47,965 3,240 3,626 -- 2,519
Operating Profit:
EPS
2nd Quarter basic VW-Auto Audi Skoda SEAT
AVERAGE 5.37 1,057 1,469 205 -61
Prev. Year 10.04 1,071 1,425 225 -36
+/- in % -47 -1.4 +3.1 -8.9 +70
MEDIAN 5.37 1,070 1,467 213 -69
Maximum 6.49 1,181 1,556 243 -30
Minimum 4.65 919 1,400 150 -83
Amount 6 6 6 6 6
BoA-Merrill Lynch 6.49 1,081 1,556 220 -78
Citigroup 5.39 1,000 1,400 150 -30
Credit Suisse -- 1,058 1,494 191 -81
DZ Bank 4.65 -- -- -- --
LBBW 5.35 1,100 1,430 220 -35
Natixis 4.93 919 1,469 243 -60
Warburg Research 5.41 1,181 1,464 206 -83
Operating Profit:
Commercial Financial
2nd Quarter vehicles Services
AVERAGE 124 316
Prev. Year 143 266
+/- in % -14 +19
MEDIAN 132 312
Maximum 148 364
Minimum 93 284
Amount 6 5
Barclays -- --
BoA-Merrill Lynch 136 321
Citigroup 100 --
Credit Suisse 93 364
DZ Bank -- --
J.P. Morgan -- --
LBBW 129 300
Natixis 148 284
UBS -- --
Warburg Research 135 312
Target price Rating DPS 2012
AVERAGE 179 positive 6 AVERAGE 3.76
Prev. Quarter 166 neutral 3 Prev. Year 3.06
+/- in % +8.1 negative 0 +/- in % +23
MEDIAN 180 MEDIAN 4.03
Maximum 213 Maximum 4.08
Minimum 140 Minimum 3.06
Amount 9 Amount 6
Barclays 193 Overweight 4.08
BoA-Merrill Lynch 175 Neutral --
Citigroup 140 Neutral 4.00
Credit Suisse 195 Outperform --
J.P. Morgan 213 Overweight 4.06
LBBW 174 Buy 3.06
Natixis 180 Buy 3.30
UBS 140 Neutral --
Warburg Research 205 Buy 4.06
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Year-earlier figures are as reported by the company.
DJG/mus
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