Interim Report & Results Q3 2021

October 28, 2021 - Today Volkswagen Group published the results for the third quarter 2021 and confirms profitability target for 2021.

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Press Audio Webcast and Conference Call
at 9:00 a.m. CEST hosted by

Dr. Herbert Diess, CEO
Dr. Arno Antlitz, CFO
Dr. Christian Dahlheim, Director Group Sales

Investor / Analyst Audio Webcast and Conference Call
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Dr. Herbert Diess, CEO
Dr. Arno Antlitz, CFO
Dr. Christian Dahlheim, Director Group Sales

Cover of the interim report from January to September 2021 with a line drawing of an electric vehicle at a charging station.

Documents

Volkswagen Group’s Q3 result down year-on-year due to semiconductor bottlenecks – profitability target for 2021 confirmed

Operating profit before special items in Q3 down 12.1 percent to EUR 2.8 billion compared with the pandemic-related weak prior-year figure, due to supply issues; operating return on sales at 4.9 percent, down from 5.4 percent
Volume brand group posts operating losses in Q3, China business disproportionately affected by the semiconductor situation despite strong demand
Automotive Division’s adjusted net cash flow in Q3 slightly positive at EUR 33 million and robust at EUR 12.4 billion after nine months
Operating profit before special items still solid through September at EUR 14.2 billion due to the strong first half; operating return on sales of 7.6 percent

To press release

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO₂ emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO₂ emissions for new passenger cars can be found in the "Guide to fuel economy, CO₂ emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.