Volkswagen Ord Share Discussion Threads

[undervaluedassets] 24/2/2014 11:09

outlook statement conservative today.

they always do this.

modest outlook statement ..

.. and then ...

outperform.

[mike24] 14/8/2013 07:07

on the the sidelines watching,
seems rock solid,for the medium term
german gdp better than forecast 2nd qtr rises 0.7%

[undervaluedassets] 28/2/2013 12:12

Very high bar set by the markets.

Record results and pe of 3.

progressive dividend policy in place

Still very cheap car company.

Long way to go on this.

Fall here will be temporary.

Will become worlds largest car company no question.

[huttonr] 22/2/2013 17:27

See para 3 below ..... 'Volkswagen Group's goal for operating profit is to match the prior-year level in 2013' - the market was expecting better, I think.

Volkswagen Group meets its targets for fiscal year 2012


22 Feb 2013

Germany, OEMs and Markets, Volkswagen Group


Posted in: News Releases, OEMs and Markets News Releases


•Increase in operating profit to EUR 11.5 billion (EUR 11.3 billion)
•Board of Management and Supervisory Board propose higher dividend
•Prospects for 2013: Given the ongoing crisis in key European markets, the goal for operating profit is to match the prior-year level, sales revenue and vehicle deliveries are to increase year-on-year

Volkswagen Aktiengesellschaft announced its key financial data for fiscal year 2012 in an ad hoc release published today. With sales revenue of EUR 192.7 billion (prior year: EUR 159.3 billion), the Group's operating profit of EUR 11.5 billion (EUR 11.3 billion) exceeded the prior-year record level. "The economic environment for our business became noticeably more difficult as the year progressed. Nevertheless, we succeeded in meeting the targets we set ourselves for 2012", Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said in Wolfsburg on Friday.

The Group's profit before tax in 2012 amounted to EUR 25.5 billion (EUR 18.9 billion). This includes the clearly positive effects from the final measurement of the put/call rights relating to Porsche as of July 31, 2012 and from remeasurement at the contribution date of the shares already held (total: EUR 12.3 billion). Profit after tax came in at EUR 21.9 billion (EUR 15.8 billion). The Board of Management and the Supervisory Board will be proposing to the Annual General Meeting to increase the dividend to EUR 3.50 (EUR 3.00) per ordinary share and EUR 3.56 (EUR 3.06) per preferred share. The adjusted distribution ratio rises to 17.8 percent (15.7 percent), thus making further progress towards the medium-term target of 30 percent.

Winterkorn was guardedly confident about 2013: "We, too, are not completely immune to the intense competition and the far-reaching crisis in key European markets. Furthermore, uncertainty in the economic environment continues. Nevertheless, we see good opportunities for the Volkswagen Group to once again outperform competitors this year thanks to our sound financial strength and earning power, a broad-based and attractive model range, an expanding presence on all major global markets and our comprehensive financial services." Given the pressures resulting from the difficult environment the Volkswagen Group's goal for operating profit is to match the prior-year level in 2013. Deliveries to customers and sales revenue are to increase year-on-year. "If we can meet these targets, then 2013 will be another good year for the Volkswagen Group", Winterkorn commented.

[markt] 22/2/2013 16:52

How come the share price is down ...when the results are so good ?

[undervaluedassets] 24/10/2012 12:10

I have these - very happy so far

Arguably the most successful car company in the world

Audi Porsche Skoda Buggatti Bently Ducati lamborghini Seat and more

All are Volkswagen owned

trades on a pe of 4 (I kid you not)

should be the world's most valuable company (and one day soon will be).

Just off conference call today - They aim to keep operating profit the same as last year in the middle of the worst down turn for car manufacturers in a generation - Amazing.

The Apple of car manufacturing.

The mantra seems to be innovate innovate innovate.
Cheap