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Volkswagen:Quarterly Results/2023 Q2: Difference between revisions
Volkswagen:Quarterly Results/2023 Q2 (view source)
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* However, Blume said that the luxury market is more resilient than the mass market. As such, they maintained their 2023 outlook. The company expects operating return on sales to range between 17% and 19% and sales revenue in a range of €40 billion to €42 billion<ref>https://newsroom.porsche.com/en/2023/company/porsche-positive-business-development-first-half-year-2023-33293.html</ref>. | * However, Blume said that the luxury market is more resilient than the mass market. As such, they maintained their 2023 outlook. The company expects operating return on sales to range between 17% and 19% and sales revenue in a range of €40 billion to €42 billion<ref>https://newsroom.porsche.com/en/2023/company/porsche-positive-business-development-first-half-year-2023-33293.html</ref>. | ||
* "The global economic situation remains tense. Efforts to secure supply chains and parts availability, general rising costs and various geopolitical tensions continue to pose challenges for Porsche AG," the press statement noted<ref>https://newsroom.porsche.com/en/2023/company/porsche-positive-business-development-first-half-year-2023-33293.html</ref>. | * "The global economic situation remains tense. Efforts to secure supply chains and parts availability, general rising costs and various geopolitical tensions continue to pose challenges for Porsche AG," the press statement noted<ref>https://newsroom.porsche.com/en/2023/company/porsche-positive-business-development-first-half-year-2023-33293.html</ref>. | ||
==== Q2 2022 Results and Estimates ==== | |||
{| class="wikitable" | |||
|+ | |||
!Key Items | |||
!Q2 2023 Estimate | |||
!Y/Y Growth | |||
!Q2 2023 Results | |||
!Y/Y Growth | |||
|- | |||
|Revenue | |||
|EUR 10.699 billion<ref name=":6">https://www.marketscreener.com/quote/stock/PORSCHE-AG-144458103/calendar/</ref> | |||
| | |||
|EUR 10.334 billion | |||
| | |||
|- | |||
|Net Income | |||
|EUR 1.361 billion<ref name=":6" /> | |||
| | |||
| | |||
| | |||
|- | |||
|EPS | |||
|EUR 1.50<ref name=":6" /> | |||
| | |||
| | |||
| | |||
|} | |||
== Management Guidance and Analysts Expectations == | == Management Guidance and Analysts Expectations == | ||