Volkswagen AG - Earnings Release 2017

News Details

Ad-hoc | 29 September 2017 09:17

VOLKSWAGEN AG informs:

VOLKSWAGEN AG / Key word(s): Miscellaneous

VOLKSWAGEN AG informs:

29-Sep-2017 / 09:17 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Volkswagen Group increases Provision for Recall Actions in North America

In the third quarter negative special items of ca. EUR2.5 billion EUR are expected to burden the Operating Result. The reason is an increase in provisions relating to the buyback/retrofit program for 2.0l TDI vehicles, which is part of the settlements in North America that is proving to be far more technically complex and time consuming.

The complete Interim Report of the Volkswagen Group for the period January-September 2017 will be published on October 27th.

29-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	VOLKSWAGEN AG
	Berliner Ring 2
	38440 Wolfsburg
	Germany
Phone:	+49 (0)5361 9 – 49840
Fax:	+49 (0)5361 9 – 30411
E-mail:	[email protected]
Internet:	www.volkswagenag.com/ir
ISIN:	DE0007664039, DE0007664005
WKN:	766403, 766400
Indices:	DAX, Euro Stoxx 50
Listed:	Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; Luxemburg, SIX