Interim Report & Results Q1 2021
May 6, 2021 - Positive business development from second half of 2020 continues, leading to strong financial performance in first quarter - Group outlook for operating return on sales for full year 2021 raised to 5.5 to 7.0 percent, expectations for net cash flow and net liquidity also raised
Audio Webcast and Conference Call
Press Audio Webcast and Conference Call
at 9:00 a.m. CEST hosted by
- Dr. Herbert Diess, CEO
- Dr. Arno Antlitz, CFO
Investor / Analyst Audio Webcast and Conference Callat 2:00 p.m. CEST hosted by
- Dr. Herbert Diess, CEO
- Dr. Arno Antlitz, CFO
- Dr. Christian Dahlheim, Director Group Sales
Strong first quarter for Volkswagen Group
- Deliveries up 21.2 percent on previous year to 2.4 (2.0) million vehicles, sales of electrified vehicles more than doubled to 133,300 units
- High sales revenue of EUR 62.4 (55.1) billion thanks to increased unit sales and improved product mix
- Solid operating profit of EUR 4.8 (0.9) billion despite Covid-19 and slight impact from semiconductor shortages, operating return on sales reaches strong 7.7 (1.6) percent
- Profit before tax climbs significantly to EUR 4.5 (0.7) billion