Press release
94KB
marzo 16, 2022 - Volkswagen
One year of Accelerate strategy: Volkswagen strengthens efficiency and speeds up transformation
Comunicato Stampa disponibile solo in lingua originale.
›Volkswagen CEO Ralf Brandstätter: "We have become much more profitable, more crisis-resistant and more effective than we were in 2020. With #accelerate, we have once more stepped up the pace of our transformation into a tech company."
›Despite an appreciable drop in unit #sales: #sales revenue grew to EUR 76.1 billion in a difficult environment, operating profit before special items rose by some EUR 2 billion to EUR 2.5 billion, return on #sales before special items of 3.3% well within target corridor
›Sustained boost in efficiency: Fixed costs more than EUR 1 billion below the figure for 2019
›Strong regions: North and South America set up for sustained profitability
›Outlook: An appreciable rise in deliveries of all-electric vehicles planned. 6% return on #sales in 2023 confirmed
Volkswagen made good progress in its transformation into a tech company in the first year of its #accelerate #strategy. Important milestones were achieved in #2021 with respect to the key elements of e-mobility, digitalization and new #business models. At the same time, the company gave a sustained boost to efficiency in a challenging competitive environment: There was an appreciable increase in #sales revenue, return and operating profit in the last fiscal year despite significantly lower unit #sales.
"2021 was an extraordinary year. In an extremely demanding environment, we not only stayed on course in operating terms, but also gave our efficiency a sustained boost. Today, we are much more profitable, more crisis-resistant and more effective that we were just a year ago. At the same time, we have once more stepped up the pace of our transformation into a tech company with the #accelerate strategy", Ralf Brandstätter, CEO of #volkswagen Passenger Cars, said. "In 2022, we will continue to forge ahead with our transformation and with strengthening our resilience. However, it is not possible at the present time to predict the course of the war in Ukraine and, more particularly, the impact on supply chains and the global #economy as a whole. But we laid a robust basis in #2021 to master this crisis, too."
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