The Volkswagen car manufacturing group achieved a net profit of 10,296 million euros until last June, 27% more than in the first half of 2021, despite the shortage of electronic components.
Volkswagen reported this Thursday that the business volume grew 2% between January and Juneup to 132,285 million euros, after the sale of more expensive and higher-end cars and sports cars.
Operating income amounted to 12,828 million (+13%), with a margin over billing of 9.7%.
A Sales of electric vehicles reached 217 thousand units in the first half of the year, 27% more.
Even so, total sales fell in the first half (22.4% less) after the strong drop registered in all regions of all brands except Lamborghini and Bentley.
Volkswagen CFO Arno Antylitz said at the presentation of the figures that “despite unprecedented global challenges, the The group has shown considerable financial strength.
The Volkswagen group confirmed the forecasts for 2022, hoping that the second half of the year “will be good and the problems will improve” regarding the supply of semiconductors and cables.
Volkswagen said that the cable supply is at a level that he considers “standard”.
The report does not quantify the real effects of the Russian invasion of Ukraine and the Covid-19 pandemic, but refers to the current “uncertainty” in Europe about energy supplies.
Despite the precautions around market volatility and geopolitical risks, we are convinced that we can accelerate the transformation of the consortium,” said Antlitz.
Source: Observadora
