Volkswagen press release (OTCPK:VWAGY): FY a profit after tax of €17.9 billion.
Earnings per preferred share increased by €2.26 to €31.98 (+8%).
Revenue of €322.3B (+15.4% Y/Y).
Deliveries increased 12% to 9.24 million vehicles, with all regions contributing to this increase.
n absolute figures, Volkswagen Group delivered 771,100 battery electric vehicles last year, which corresponds to an increase of 35 percent compared to 2022, driven by growth in all regions.
The Automotive Division’s net cash flow rose to €10.7 billion.
With net liquidity in the Automotive Division of €40.3 billion at the end of the year, the Group is in a very robust financial position.
