Tag: operating profit
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Volkswagen Group | Nine-month Results Impacted by Higher Fixed Costs and Restructuring Provisions
Volkswagen’s revenue for the first nine months of 2024 was impacted by increased fixed costs and restructuring expenses in a challenging market. While the automotive segment saw a 1% revenue decline, overall Group sales rose by 0.9% year-on-year to €237.3 billion, mainly due to growth in Financial Services. Operating profit dropped from €16.2 billion to…
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SUBARU | Consolidated Results for the Second Quarter of FY2025
In Q2 of FY2025, Subaru’s consolidated revenue increased by 2.4% year-on-year to 2.2662 trillion yen. Domestic sales rose by 10.6%, while U.S. retail sales remained strong. However, total global sales volume decreased by 4.2% to 450,000 units due to production adjustments. Operating profit grew by 19.5% to 222 billion yen, with full-year forecasts maintained at…