Record loss in the third quarter by the ?? This topic ??

Wolfsburg, 28 October 2015

Comparing the newspaper reports on the income situation of the VW group with the original press release from Wolfsburg, do not want to believe that it's about one and the same fact is. So is just the most important number in the verschwurbelten press release from Wolfsburg not included, it is only in the number table including: VW has in the third quarter 2015 ?? So from July to September ?? generated a record loss of 3.5 billion euros. The minus is explained by the 6.7 billion euros that had to write for " the Diesel theme " in the wind VW ?? Reserves for recalls, damages and penalties especially.

Gain or loss for the full year?

In the first nine months of the current year, the Group has made 10.2 billion euros profit (before " the Diesel theme " ), so that even a reasonable total return ( after " the Diesel theme " ) calculated at least January to September from 3.3 billion, Whether still results in a profit for the full year, can not yet be foreseen, according to VW. However, the Group expects a profit well below that of 2014. In the sales of the Group no burglary has been reported and expects for the full year unchanged at around 10.2 million cars sold worldwide.

Exchange reacted positively

Despite the loss in the third quarter earnings figures were well received on the exchange. The price of preferred shares rose by 105 euros on the trading session until late morning to 109 euros. This is probably because that the earnings provisions that provide for the loss, were already known. VW had announced in September, to cover 6.5 billion euros . ( sl )

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