Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company’s financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen’s largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%. No-moat Volkswagen reported first-quarter earnings per share of EUR 8.43, handily beating the EUR 6.84 FactSet consensus by EUR 1.59 but down EUR 4.68 from the EUR 13.11 reported last year. Commodity hedging valuation effects added EUR 3.2 billion to operating profit in the prior year but reduced current quarter operating profit by EUR 1.3 billion.
We Think Vow Green Metals (OB:VGM) Needs To Drive Business Growth Carefully — Simply Wall St
We Think Vow Green Metals (OB:VGM) Needs To Drive Business Growth Carefully.
Posted: Tue, 16 May 2023 05:02:31 GMT [source]
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Electric vehicles will cut oil demand by 5 million barrels a day as soon as 2030: IEA
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- Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
- More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
- No-moat Volkswagen reported first-quarter earnings per share of EUR 8.43, handily beating the EUR 6.84 FactSet consensus by EUR 1.59 but down EUR 4.68 from the EUR 13.11 reported last year.
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High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
Volkswagen Names New Software CEO Amid Restructuring
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Even so, consolidated revenue jumped 21% to EUR 76.2 billion from EUR 62.7 billion a year ago, beating the consensus by 5%. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.
Volkswagen confirms 2023 guidance after revenue rise
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