Cookie Consent by Free Privacy Policy website Volkswagen Group achieves solid results in 2021 and drives forward its transformation to New Auto
marzo 14, 2022 - Volkswagen

Volkswagen Group achieves solid results in 2021 and drives forward its transformation to New Auto

Comunicato Stampa disponibile solo in lingua originale. 

  • Robust #business model: solid results and operating margin despite semiconductor shortages and 2.4 million fewer vehicles sold compared to 2019
  • Sales revenue up 12 percent on the prior year to EUR 250.2 billion driven by better mix and favorable pricing
  • Operating profit before special items almost doubled to EUR 20.0 billion
  • Enhanced overall resilience: overhead costs significantly reduced, high capex discipline, break-even lowered
  • Strong #automotive Division: net cash flow up by 35 percent to EUR 8.6 billion compared to prior year; net liquidity solid at EUR 26.7 billion, an increase of more than EUR 5 billion vs. end of 2019 despite comprehensive transformational steps
  • Board of Management and Supervisory Board propose increased dividend of EUR 7.50 per ordinary share and EUR 7.56 per preferred share, equivalent to a payout ratio of 25.4 percent
  • Outlook for 2022: deliveries expected to increase between 5 and 10 percent, operating return on #sales to reach between 7.0 and 8.5 percent. However, this guidance is subject to the further development of the war in Ukraine and in particular the impact on the Group’s supply chains and the global economy as a whole

The #volkswagengroup proved the robustness of its #business model in 2021. The company increased its overall resilience and improved its capabilities to cope with constraints. Overhead costs were successfully reduced, capex discipline was high and the break-even was lowered. At the same time #volkswagen drove its transformation to #newauto forward. A solid profit was achieved despite strong headwinds from semiconductor shortages that led to a decrease in vehicle #sales of around 600,000 units compared to 2020. This was 2.4 million fewer units than 2019. Although #sales volumes were down 6 percent on prior year, #sales revenue increased by 12 percent to EUR 250.2 billion. Operating profit before special items almost doubled compared to 2020 and reached a solid level of EUR 20.0 billion. The operating return on #sales before special items also climbed to 8.0 percent after 4.8 percent in prior year. Key to this financial performance was a better mix and favorable pricing. The #automotive Division generated a strong net cash flow of EUR 8.6 billion, a 35 percent year-on-year increase. The #automotive Division’s net liquidity remained almost unchanged compared to the end of 2020, at EUR 26.7 billion. However, this corresponds to an increase of more than EUR 5 billion since the end of 2019, despite the multitude of transformational steps that have been taken in this timeframe, including the acquisition of Navistar. The Board of Management and Supervisory Board are proposing a dividend of EUR 7.50 per ordinary share and EUR 7.56 per preferred share, an increase of 56 percent compared to EUR 4.80 or EUR 4.86, respectively, in the preceding year. This equals to a payout ratio of 25.4 percent. Earnings per ordinary share amounted to EUR 29.59 (16.60) and earnings per preferred share were at EUR 29.65 (16.66).

Further information in the press release to download

News correlate

aprile 15, 2024
aprile 11, 2024
marzo 15, 2024

Il nuovo Charging Site Management di Elli include la pianificazione, la costruzione e la gestione dell'infrastruttura di ricarica ...

Comunicato Stampa disponibile solo in lingua originale.  Mercedes-Benz Cars: Q1 sales reached 463,000 units; good start in the U.S...

›     Risultati finanziari: Škoda Auto Group registra un fatturato record di 26,5 miliardi di euro nel 2023, un utile operativo in...

Ti potrebbe interessare anche

marzo 06, 2024
febbraio 01, 2024
dicembre 29, 2023

Crescere insieme responsabilmente. Queste le tre parole che, unite, riassumono perfettamente la strategia HR di Volkswagen Group I...

Comunicato Stampa disponibile solo in lingua originale. Hyundai Motor Company to supply an all-electric Light Commercial Vehicle f...

Elli amplia ulteriormente il business dei servizi di mobilitàGiovanni Palazzo: "Il numero di punti e la qualità della ricarica sti...