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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.80 | 0.60% | 133.40 | 132.90 | 133.80 | 134.00 | 132.40 | 133.10 | 4,290 | 22:50:02 |
--Volkswagen's Head of Finance currently sees no reason to use state financial aid that goes beyond short-time work compensation to overcome the coronavirus crisis, financial publication Boersen-Zeitung reports.
--Frank Witter said in an interview with the publication that Volkswagen had built a good foundation in the 2019 financial year and sees "a strong cash flow and a respectable net liquidity in the automotive sector."
--Mr. Witter said Volkswagen "should have the strength to get through the corona crisis" due to a "substantial network" of credit lines, access to capital markets and deposits of over EUR30 billion via VW Bank among other things, Boersen-Zeitung reports.
Full story (in German): https://bit.ly/2JhuVF7
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
March 27, 2020 05:42 ET (09:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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