Will Volkswagen AG continue its positive growth in 2019?

[ad_1]
<div _ngcontent-c14 = "" innerhtml = "

Volkswagen AG (OTCMKTS: VWAGY) has announced its annual results for the 2018 financial year on March 12, 2019 early in the morning. The company achieved a turnover of 235 billion euros (268 billion euros), up 2.5% over the previous year, and a profit of 23.6 million euros ( $ 27), up about 2%. We can say that the company manages to achieve better results after the emissions scandal, which has generated a negative contribution of 3.2 billion euros (3.6 billion dollars) for the year.

We have a price estimate of $ 19 per share for the company, which is the market price. See our interactive dashboard – Our prospects for Volkswagen for the 2019 financial year – and modify the key badumptions / expectations to get your own price estimate. Plus, here's more Consumer Discretionary Data.

The global economy recorded weaker growth in fiscal year 2018 due to geopolitical tensions, turmoil in financial markets and protectionist tendencies. Lower growth also affected sales of pbadenger vehicles and commercial vehicles. Volkswagen delivered 10.8 million vehicles in 2018, an increase of 0.9% over the previous year. The company has also launched more than 70 new models – particularly many new SUVs such as the Volkswagen Touareg and T-Roc, the ŠKODA Karoq, the SEAT Arona and the Audi Q8.

The company continues to face headwinds as a result of the move to harmonized test emission standards for light-duty vehicles around the world and the effects of exchange rates for the pbadenger car segment. The company expects the WLTP emission standards to continue to challenge it in 2019, albeit on a smaller scale. The company announced an increase of nearly 6% in the volume of sales of Volkswagen pbadenger cars. At the same time, Audi (including the Lamborghini and Ducati brands) recorded a 4.1% year-on-year decline.

Skoda achieved better revenues and sales volumes through cost optimization and better price positioning, but margins were reduced by the exchange rate and product mix. Volkswagen again recorded losses at Bentley for the first nine months, mainly due to delays in starting the new Continental GT and badociated costs. In addition, the company's commercial vehicle profits decreased by 8% for the year even as revenue and volume grew year-on-year, highlighting the challenges posed by WLTP and the unfavorable exchange rate. .

The Porsche brand continued its good year by recording an increase in operating profits, a total business figure due to a better product mix and an increase in sales volume. In addition, earnings from Volkswagen Financial Services increased 4.5% to approximately $ 2.8 billion in fiscal 2018, representing higher growth potential for this division. .

Overall, Volkswagen had a good year despite various obstacles, such as the global slowdown, the WLTP, the emissions scandal, and posted positive growth in sales and profits for the year. For the 2019 fiscal year, we can say that the company is on the right track and that its performance should be better.

What is behind Trefis? Find out how this feeds new collaboration and badumptions

For CFO and financial teams | Product, R & D and Marketing Teams

More data Trefis

Do you like our cards? To explore example of interactive dashboards and create yours.

& nbsp;

& nbsp;

">

Volkswagen AG (OTCMKTS: VWAGY) has announced its annual results for the 2018 financial year on March 12, 2019 early in the morning. The company achieved a turnover of 235 billion euros (268 billion euros), up 2.5% over the previous year, and a profit of 23.6 million euros ( $ 27), up about 2%. We can say that the company manages to achieve better results after the emissions scandal, which has generated a negative contribution of 3.2 billion euros (3.6 billion dollars) for the year.

We have a price estimate of $ 19 per share for the company, which is the market price. Check out our interactive dashboard – Our Prospects for Volkswagen for FY 2019 – and tweak the key badumptions / expectations to get your own price estimate. In addition, here is more data on consumer discretionary.

The global economy recorded weaker growth in fiscal year 2018 due to geopolitical tensions, turmoil in financial markets and protectionist tendencies. Lower growth also affected sales of pbadenger vehicles and commercial vehicles. Volkswagen delivered 10.8 million vehicles in 2018, an increase of 0.9% over the previous year. The company has also launched more than 70 new models – particularly many new SUVs such as the Volkswagen Touareg and T-Roc, the ŠKODA Karoq, the SEAT Arona and the Audi Q8.

The company continues to face headwinds as a result of the move to harmonized test emission standards for light-duty vehicles around the world and the effects of exchange rates for the pbadenger car segment. The company expects the WLTP emission standards to continue to challenge it in 2019, albeit on a smaller scale. The company announced an increase of nearly 6% in the volume of sales of Volkswagen pbadenger cars. At the same time, Audi (including the Lamborghini and Ducati brands) recorded a 4.1% year-on-year decline.

Skoda achieved better revenues and sales volumes through cost optimization and better price positioning, but margins were reduced by the exchange rate and product mix. Volkswagen again recorded losses at Bentley for the first nine months, mainly due to delays in starting the new Continental GT and badociated costs. In addition, the company's commercial vehicle profits decreased by 8% for the year even as revenue and volume grew year-on-year, highlighting the challenges posed by WLTP and the unfavorable exchange rate. .

The Porsche brand continued its good year by recording an increase in operating profits, a total business figure due to a better product mix and an increase in sales volume. In addition, earnings from Volkswagen Financial Services increased 4.5% to approximately $ 2.8 billion in fiscal 2018, representing higher growth potential for this division. .

Overall, Volkswagen had a good year despite various obstacles, such as the global slowdown, the WLTP, the emissions scandal, and posted positive growth in sales and profits for the year. For the 2019 fiscal year, we can say that the company is on the right track and that its performance should be better.

What is behind Trefis? Find out how this feeds new collaboration and badumptions

For CFO and financial teams | Product, Research and Development and Marketing Teams

More data Trefis

Do you like our cards? Explore examples of interactive dashboards and create your own.