Volkswagen Group ‘mixed start to FY 2025’

1 month ago 14

David Leggett

Wed, Apr 30, 2025, 3:58 AM 1 min read

Volkswagen Group says the fiscal twelvemonth has got disconnected to a mixed start, financially, and has struck a downbeat enactment connected the outlook for the year. Operating nett successful Q1 FY2025 was down 37% astatine €2.9bn, though income gross was up 3% to €78bn (unit income up 1% to 2.1m vehicles).

The institution said ‘challenges volition originate successful peculiar from an situation characterised by governmental uncertainty, expanding commercialized restrictions and geopolitical tensions, the expanding strength of competition, volatile commodity, vigor and overseas speech markets, and much stringent emissions- related requirements’.

However, it besides said determination would beryllium beardown merchandise momentum and a ‘focus connected outgo discipline’

Arno Antlitz, CFO & COO Volkswagen Group said the commencement to the fiscal twelvemonth was expected.

“An operating borderline of astir 4 per cent intelligibly shows that determination is inactive a sizeable magnitude of enactment up of us,” helium said.

"Volkswagen Group ‘mixed commencement to FY 2025’" was primitively created and published by Just Auto, a GlobalData owned brand.

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