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VOLKSWAGEN AG - Results for the first quarter 2018

03.05.2018 14:45

Volkswagen Group off to a good start in 2018: Unit sales and sales revenue up again in the first quarter

  • Deliveries to customers of the Group brands rise to 2.7 (2.5) million vehicles
  • Group sales revenue increases by EUR 2.0 billion to EUR 58.2 billion
  • Operating profit at EUR 4.2 (4.4) billion due to a change in the reporting of the valuation of derivatives
  • Net liquidity in the Automotive Division at a robust EUR 24.3 billion
  • Net cash flow increases by EUR 5.0 billion, considerably lower cash outflows attributable to the diesel issue
  • Profit before tax down slightly on the previous year at EUR 4.5 (4.6) billion
  • CEO Diess: “The Volkswagen Group is in a robust economic position, our TOGETHER – Strate-gy 2025 is taking effect. We are pursuing this course in a dynamic and focused manner.”


Full press release (ENG)

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