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Volkswagen: Difference between revisions
→Revenue and Profitability
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=== Revenue and Profitability === | === Revenue and Profitability === | ||
Volkswagen appears to increase the amount of leasing vehicles in the last years substantially <ref>https://www.volkswagenag.com/presence/investorrelation/publications/annual-reports/2022/volkswagen/Y_2021_e.pdf Page 226</ref>. | March 3, 2022: Volkswagen Group 2022 revenue came in-line with analysts estimates. Revenue was EUR 279.2 billion (+12% year-on-year) versus analysts estimate of EUR 278.37 billion (+11.3% year-on-year). Similarly, operating profit margin came in at 8.1%, as forecasted in the latest guidance. Volkswagen said its order bank remains strong at 1.8 million vehicles. It sees supply bottlenecks easing gradually in 2023. As such, the company gave revenue guidance for 2023 that exceeds Yahoo Finance analysts estimate. Volkswagen expects this year's revenue to grow by 12.5% at the mid-point to reach EUR 319 billion, above analyst's estimate of EUR 281.84 billion(+0.94% y/y). It also expects deliveries to reach 9.5 million vehicles in 2023. That is growth of 15% in deliveries compared to the prior year. Meanwhile operating margin is to come in between 7.5 and 8.5%. In light of the results, the management is proposing a dividend of EUR 8.70( +16% y/y) per ordinary share and EUR 8.76(+15.9% y/y) per preferred share<ref>https://www.volkswagen-newsroom.com/en/press-releases/volkswagen-group-achieves-solid-annual-results-significant-increase-in-deliveries-expected-in-2023-15551</ref>. | ||
=== Leasing Business === | |||
Volkswagen appears to increase the amount of leasing vehicles in the last years substantially <ref>https://www.volkswagenag.com/presence/investorrelation/publications/annual-reports/2022/volkswagen/Y_2021_e.pdf Page 226</ref>. | |||
== Assets == | == Assets == | ||