We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Name | Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG (PK) | USOTC:VWAPY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.19 | -1.68% | 11.12 | 11.04 | 11.14 | 11.16 | 11.06 | 11.10 | 240,507 | 21:27:10 |
From Jun 2023 to Jun 2024
By David Sachs
Volkswagen on Thursday posted higher-than-expected after-tax profit in the third quarter on a rise in vehicle sales, but production fell on year.
The German car maker, which reported the bulk of its key financial figures last week and issued a profit warning, said after-tax profit reached 4.35 billion euros ($4.60 billion) compared with EUR2.135 billion in the third quarter of last year. Analysts polled by FactSet had expected EUR3.85 billion.
Sales rose 3.5% on the quarter to 2.34 million cars, while deliveries jumped 7.4%, the company said. Year to date, vehicle sales are up 8% to 6.8 million.
However, production fell 2.8% to 2.17 million units. Citi analysts said earlier this month that a recovery in production would be necessary for Volkswagen to reach its full-year earnings target.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
October 26, 2023 02:17 ET (06:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Volkswagen (PK) Chart |
1 Month Volkswagen (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
