Volkswagen AG - Earnings Release 2021

News Details

Ad-hoc | 9 July 2021 14:52

VOLKSWAGEN AG: Volkswagen AG announces preliminary figures for the first half 2021

VOLKSWAGEN AG / Key word(s): Half Year Results

VOLKSWAGEN AG: Volkswagen AG announces preliminary figures for the first half 2021

09-Jul-2021 / 14:52 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

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

Volkswagen AG announces preliminary figures for the first half 2021

The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit. Also the reported Automotive net cash position showed a very positive development. The bottleneck in semiconductors has shifted and will rather impact us in H2.

Based on preliminary figures, the Volkswagen Group expects the following for the first half 2021:

– Operating profit of around 11 billion Euros

– Reported Automotive net cash flow of around 10 billion Euros

The key financial figures for the first half 2021 will be disclosed on July 29, 2021.

Helen Beckermann

Head of Volkswagen Group Investor Relations

09-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	VOLKSWAGEN AG
	Berliner Ring 2
	38440 Wolfsburg
	Germany
Phone:	+49 (0)5361 9 – 49015
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
EQS News ID:	1217356