German carmaker Volkswagen reported on the results of 2018


The report of German automaker Volkswagen for 2018 showed a net profit increase of 6.1% to 4 billion 620 million euros and an increase in revenue by 1.7% to 78 billion euros. According to the annual report, the Volkswagen Group, which owns 12 brands, increased its operating profit by 0.7% to 13 billion 920 million euros. Its revenue amounted to 235 billion 849 million euros, having risen by 2.7% over the year. Over the past year, the company produced cars worth 11 billion 18 million euros, which is 1.3% more than in 2017. Sales rose 1.1% to 10 billion 900 million euros. A 2% drop in supply was noted in North America. At the same time, other regions showed their growth. The passenger car division reported a slight decrease in operating profit and revenue growth. The number of sold cars amounted to 3 million 715 thousand, an increase from the figure of 2017 in 3 million 573 thousand cars.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong