Volkswagen: operating margin expected at 3.8%
(CercleFinance.com) - The German newspaper Der Spiegel says that it expects Volkswagen's operating margin to reach 3.
8% in 2018.
The group had set a target of between 4% and 5% after a margin of 4.1% in 2017.
Volkswagen has already published its partial results on Friday 25 February. Its detailed results will be published on Tuesday 12 March (before additional clarifications on the VW brand the next day), Aurel BGC specifies.
This decline in profitability would not come as any major surprise, considering that WLTP standards complicated the situation for German manufacturers in H2 2018, the broker said.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
8% in 2018.
The group had set a target of between 4% and 5% after a margin of 4.1% in 2017.
Volkswagen has already published its partial results on Friday 25 February. Its detailed results will be published on Tuesday 12 March (before additional clarifications on the VW brand the next day), Aurel BGC specifies.
This decline in profitability would not come as any major surprise, considering that WLTP standards complicated the situation for German manufacturers in H2 2018, the broker said.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.