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=== Management guidance === | === Management guidance === | ||
* Management [https://www.volkswagen-group.com/en/press-releases/volkswagen-group-with-mixed-start-to-fy-2025-strong-product-momentum-and-focus-on-cost-discipline-19223 guided] 2025 revenue of EUR 340.89 billion (+5% y/y) and operating return on sales in the range of 5.5% and 6.5%. This doesn't include the impact of US trade tariffs. | * '''Management [https://www.volkswagen-group.com/en/press-releases/volkswagen-group-with-mixed-start-to-fy-2025-strong-product-momentum-and-focus-on-cost-discipline-19223 guided] 2025 revenue of EUR 340.89 billion (+5% y/y) and operating return on sales in the range of 5.5% and 6.5%'''. This doesn't include the impact of US trade tariffs. | ||
* It expects automotive net cash flow for 2025 to come in between EUR 2.0 and EUR 5.0 billion. | * It expects automotive net cash flow for 2025 to come in between EUR 2.0 and EUR 5.0 billion. | ||
* It's guiding net liquidity in the automotive division for 2025 of between EUR 34 and EUR 37 billion. | * It's guiding net liquidity in the automotive division for 2025 of between EUR 34 and EUR 37 billion. | ||
* The guidance is largely expected to trend towards the lower-point of the range due to developments in the period up to April 28, 2025. | * The '''guidance is largely expected to trend towards the lower-point''' of the range due to developments in the period up to April 28, 2025. | ||
=== Analysts' estimates at Marketscreener === | === Analysts' estimates at Marketscreener === |