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Volkswagen:Quarterly Results/2025 Q1: Difference between revisions
→Q1 2025 Volkswagen Earnings Call Summary
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== Q1 2025 Volkswagen Earnings Call Summary == | == Q1 2025 Volkswagen Earnings Call Summary == | ||
See: [https://www.webcast-eqs.com/volkswagen-2025-q1 Q1 2025 Volkswagen Earnings Call] | [https:// | See: [https://www.webcast-eqs.com/volkswagen-2025-q1 Q1 2025 Volkswagen Earnings Call] | [https://seekingalpha.com/article/4779667-volkswagen-ag-vwagy-q1-2025-earnings-call-transcript Q1 2025 Earnings Call Transcript] | ||
=== Q1 2025 results === | |||
* Special effects recognized in Q1 amounted to 1.1 billion euros: €0.6 billion for the CO2 regulation, €0.4 billion for restructuring costs at CARIAD and Audi and €150 million for the diesel issue and €150 million related to goods in transit which were affected by the US tariff. | |||
* Excluding the special effects, Q1 operating margin could have been 5.1% instead of 3.7% reported. | |||
* Excluding the CO2 provision and diesel issue provision, brand group core's operating margin could have been 4.6%. | |||
* CARIAD booked restructuring in the magnitude of €0.2 billion. Excluding this, operating profit could have been stable. CARIAD revenue continue to benefit from sales volume on the 1.1 and 1.2 software stack. | |||
* Traton operating profit, which declined by 38% to €0.6 billion, was impacted by lower fixed cost absorption. | |||
* Financial Service division rose 19% to €1.1 billion, aided by normalization in used car prices and positive remarketing results of the used car business. | |||
=== 2025 guidance and future outlook === | === 2025 guidance and future outlook === | ||