Tag: Sales Revenue
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Volkswagen Group|Brand Group Core with Stable Sales Revenue and Product Offensive in First Half of 2024
Volkswagen Group’s Brand Group Core maintained stable sales revenue in the first half of 2024 but faced significant impacts on profitability due to high fixed costs and one-off effects. The Brand Group Core’s sales revenue for H1 2024 was €69.1 billion, up 0.4% year-on-year, while operating profit decreased by €350 million, leading to an operating…
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Volkswagen Group|Volkswagen Group with Solid Performance in a Demanding Environment for the First Half of 2024
The Volkswagen Group reported a solid performance for the first half of 2024, with a 1.6% increase in sales revenue to €158.8 billion. The operating result decreased by 11.4% to €10.1 billion due to non-operating factors such as unplanned provisions for severance programs. The Group confirmed its 2024 outlook, expecting up to 5% revenue growth…