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July 30, 2015

GERMANY: Volkswagen Group operating profit rises

Volkswagen Group boosted second quarter 2015 operating profit 4.9% to EUR3.49bn on sales up 9.9% to EUR56.04bn.

Volkswagen Group boosted second quarter 2015 operating profit 4.9% to EUR3.49bn on sales up 9.9% to EUR56.04bn.

Pretax profit was down 16.4% to EUR3.7bn and after tax profit was up 15.9% to EUR2.73bn.

First half revenue rose 10.1% to EUR108.78bn and operating profit rose 10.3% to EUR6.82bn. Pretax profit declined 1.5% to EUR7.66bn and after tax profit also declined to EUR5.66bn from EUR5.72bn.

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