Volkswagen Canada

Volkswagen Reports New Records in Unit Sales, Sales Revenue and Earnings in Fiscal Year 2014

The Volkswagen Group softened a gain strength again in 2014 and continued along a qualitative expansion trail notwithstanding vital mercantile challenges. With sales income of EUR 202.5 billion (previous year: EUR 197.0 billion) and an Operating distinction of EUR 12.7 billion (EUR 11.7 billion), a Group generated new record highs. This was announced by Volkswagen Aktiengesellschaft this Friday on finish of a Supervisory Board meeting.

The handling domain softened to 6.3 percent (5.9 percent), reaching a top finish of a foresee operation of 5.5 percent to 6.5 percent. The Group’s distinction before taxation increasing to EUR 14.8 billion (EUR 12.4 billion), while a lapse on sales before taxation rose from 6.3 percent to 7.3 percent. The equity-accounted distinction of a Chinese corner ventures exceeded a high prior-year figure. The activities of a Chinese corner ventures have always been accounted for in a financial outcome regulating a equity routine and are therefore not enclosed in a Group’s sales income and handling profit.

“We can demeanour behind on a past mercantile year with satisfaction: notwithstanding a formidable mercantile environment, we achieved a goals for 2014. At a same time, a forward-looking potency module “Future Tracks” has laid a grounds that will capacitate us to continue a successful arena with all a strength”, pronounced Prof. Dr. Martin Winterkorn, Chairman of a Board of Management of Volkswagen Aktiengesellschaft, in Wolfsburg on Friday.

Profit after taxation came in during EUR 11.1 billion (EUR 9.1 billion). Net money upsurge in a Automotive Division increasing by EUR 1.7 billion to EUR 6.1 billion interjection to a clever business model. Net liquidity in a Automotive Division rose to EUR 17.6 billion (EUR 16.9 billion) as of year-end 2014.

In light of a successful mercantile year, a Board of Management and a Supervisory Board will be proposing to a Annual General Meeting to boost a division by 20 percent to EUR 4.80 (EUR 4.00) per typical share and EUR 4.86 (EUR 4.06) per elite share. This would outcome in a placement ratio of 21.2 percent (20.6 percent). The medium-term placement aim is 30 percent.

The Board of Management expects Group deliveries to boost tolerably in full-year 2015 and, depending on mercantile conditions, Group sales income to boost by adult to 4 percent year-on-year. In terms of a Group’s Operating profit, Volkswagen is forecasting an handling lapse on sales of between 5.5 percent and 6.5 percent in light of a severe mercantile environment.

“Given a resigned expansion prospects in regions outward China, there is no pledge that 2015 will be a successful year – possibly for a attention or for a Volkswagen Group. Continuing domestic uncertainty, clever banking fluctuations and tough environments in markets such as Russia and Brazil benefaction vital hurdles for a Volkswagen Group this year as well. In light of this, a scenarios underlying a foresee are formed on regressive assumptions. Nevertheless, a idea is not usually to boost a volumes, though also to lift sales income and gain again”, pronounced Chief Financial Officer Hans Dieter Pötsch, adding that “The stability high liquidity and a clever financial position give us a required coherence to successfully exercise a Strategy 2018”.

Prospects for 2015:

The Volkswagen Group’s brands will press forward with their product beginning in 2015, modernizing and expanding their charity by introducing new models. Our idea is to offer all business a products and innovations they need, sustainably strengthening a rival position in a process.

We design that a Volkswagen Group will tolerably boost a deliveries to business year-on-year in 2015 in a steadfastly severe marketplace environment. The formidable marketplace environment, extreme competition, seductiveness rate and sell rate volatility, and fluctuations in tender materials prices all poise challenges. We design a certain outcome from a potency programs implemented by all brands and, increasingly, from a modular toolkits.

Depending on mercantile conditions, we design 2015 sales income for a Volkswagen Group and a business areas to boost by adult to 4 percent above a prior-year figure. However, mercantile trends in Latin America and Eastern Europe will need to be invariably monitored in a Commercial Vehicles/Power Engineering Business Area.

In terms of a Group’s Operating profit, we design an handling lapse on sales of between 5.5 percent and 6.5 percent in 2015 in light of a severe mercantile environment. The handling lapse on sales is approaching to be in a 6.0 percent and 7.0 percent operation in a Passenger Cars Business Area and between 2.0 percent and 4.0 percent in a Commercial Vehicles/Power Engineering Business Area. For a Financial Services Division, we are forecasting an Operating distinction during a prior-year level. Disciplined cost and investment government and a continual optimization of a processes sojourn constituent elements of a Volkswagen Group’s Strategy 2018.

The Annual Media Conference and Investor Conference will be hold in Berlin on Mar 12, 2015.