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"title": "Germany stocks lower at close of trade; DAX down 1.08% By Investing.com",
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"snippet": "Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.\n\nAt the close in Frankfurt, the decli...",
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"highlight": "<em>Volkswagen</em> <em>AG</em> VZO O.N. (ETR: ) declined 4.64% or 5.60 points to end at 115.15 and Daimler Truck Holding AG (ETR: ) was down 4.36% or 1.92 points to 42.13.",
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"title": "Earnings call: Volkswagen Group outlines Q1 2024 performance and strategy By Investing.com",
"description": "Earnings call: Volkswagen Group outlines Q1 2024 performance and strategy",
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"snippet": "Volkswagen (ETR: ) Group (VOW.DE) has reported a steady start to 2024, with global deliveries climbing 3% year-over-year to 2.1 million vehicles in the first qu...",
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"highlight": "<em>Volkswagen</em> is investing an additional €2 billion in securing raw materials for their value chain to support CO2 compliance and EV production.\n\n<em>Volkswagen</em> Group is navigating through a period of transition, balancing the scales between traditional combustion engine vehicles and a growing portfolio of electric vehicles.",
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"highlight": "With strategic investments in raw materials and production capabilities, alongside a clear focus on efficiency and product momentum, <em>Volkswagen</em> is steering towards a future that promises both sustainability and profitability.",
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"highlight": "For those interested in a deeper dive into <em>Volkswagen</em> Group's financial metrics and strategic positioning, additional tips are available on InvestingPro.",
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"highlight": "See disclosureor\n\nFull transcript - <em>Volkswagen</em> ADR Ord Shs (VWAGY) Q1 2024:\n\nOperator: Ladies and gentlemen, welcome to the <em>Volkswagen</em> <em>AG</em> (OTC: ) Investor, Analyst and Media Call Q1 2024. I am Shari, the Chorus Call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded.",
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"highlight": "The brands of the <em>Volkswagen</em> Group collected in total 730,000 new orders in Western Europe in the first quarter. BEV order intake was particularly strong, more than doubling compared to the same period last year.",
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"highlight": "Skoda and [indiscernible] stood at about 8% and 6% return on sales, respectively, <em>Volkswagen</em> Commercial Vehicles achieved even a 9.6% margin. Also, <em>Volkswagen</em> Brand recorded a step-up in performance to 4%. Nevertheless, there is still some way to go to achieve the target of up to 5% this year.",
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"highlight": "As already anticipated back in March, the <em>Volkswagen</em> Group recorded a muted start to the year, with a slight decrease in sales revenue and operating margin of 6.1% below the full-year corridor and recorded negative net cash flow.",
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"highlight": "To further support our efforts to reduce personnel costs in the administrative function of <em>Volkswagen</em> <em>AG</em>, Board of Management in April resolved the offering of selective severance payments. It is important to know for the severance pay program that we, as an employer, must also accept the severance pay request.",
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"highlight": "<em>Volkswagen</em> Truck & Bus continues to deliver solid results. Now we start not fully integrated. So initially, they are well on track. There's still a lot of self-help potential, and they are looking confidently into the remainder of 2024.",
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"title": "Q1 2024 Volkswagen AG Earnings Call Transcript",
"description": "Apr 30, 2024 / 07:00AM GMTOperator Ladies and gentlemen, welcome to the Volkswagen AG Investor, Analyst and Media Call Q1 2024. I am Shari, the Chorus Call oper",
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"snippet": "Apr 30, 2024 / 07:00AM GMT\n\nOperator\n\n\n\nLadies and gentlemen, welcome to the Volkswagen AG Investor, Analyst and Media Call Q1 2024. I am Shari, the Chorus Call...",
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"highlight": "Apr 30, 2024 / 07:00AM GMT\n\nOperator\n\n\n\nLadies and gentlemen, welcome to the <em>Volkswagen</em> <em>AG</em> Investor, Analyst and Media Call Q1 2024. I am Shari, the Chorus Call operator. (Operator Instructions) The conference is being recorded. The presentation will be followed by a Q&A session.",
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"highlight": "Pietro Zollino - <em>Volkswagen</em> <em>AG</em> - Head of Corporate Communications & Deputy Head of Group Communications\n\n\n\nGood morning, everyone, and a warm welcome to the first quarter results call of <em>Volkswagen</em> Group.",
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Exchange
- Prague Stock Exchange
- equity
- Consumer Cyclical
- cz