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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG | TG:VOW | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 1.50% | 135.40 | 135.30 | 135.50 | 135.40 | 133.50 | 133.80 | 6,033 | 12:40:48 |
From May 2019 to May 2024
By Carlo Martuscelli
Volkswagen AG (VOW.XE) on Monday confirmed the targets it had previously set out in its Together 2025+ strategic plans.
The German car maker said that in 2020, it expects its operating profit before special items to be between 6.5%-7.5% of sales. For 2025, the automotive group is targeting a level between 7%-8%.
Volkswagen had previously expected sales revenue to grow by 25% over the 2016-20 period, but now expects a 20% increase. Operating profit over this period is now expected to grow 25%, compared with the company's previous forecast of 30%.
Volkswagen also said it was backing its 2019 outlook.
Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu
(END) Dow Jones Newswires
November 18, 2019 13:16 ET (18:16 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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