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Earnings Call Summary | VOLKSWAGEN A G(VWAGY.US) Q1 2024 Earnings Conference

Earnings Call Summary | VOLKSWAGEN A G(VWAGY.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 大衆汽車 A G (VWAGY.US) 2024 年第一季度業績發佈會
富途資訊 ·  04/30 21:47  · 電話會議

The following is a summary of the Volkswagen AG (VWAGY) Q1 2024 Earnings Call Transcript:

以下是大衆汽車公司(VWAGY)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Volkswagen group sales revenue was slightly down by 1% year on year to €75.5 billion in Q1 2024.

  • Operating result delivered €4.6 billion, though the operating margin was down to 6.1% from the previous year.

  • Net cash flow in the Automotive Division was negative at €3 billion, roughly €5 billion below prior year levels, primarily due to a significant build-up of working capital.

  • Volkswagen's China JVs witnessed a decline in proportional operating result, down 31% from the previous year at €0.4 billion.

  • Anticipate a burden of about €300 million due to changes in residual values and an upcoming provision of roughly €900 million for severance packages in Q2.

  • 大衆汽車集團的銷售收入同比略有下降1%,至2024年第一季度的755億歐元。

  • 經營業績實現了46億歐元,但營業利潤率比上年下降了6.1%。

  • 汽車部門的淨現金流爲負30億歐元,比上年的水平低約50億歐元,這主要是由於營運資金的大量積累。

  • 大衆汽車的中國合資企業經營業績按比例下降,同比下降31%,至4億歐元。

  • 由於剩餘價值的變化,預計將產生約3億歐元的負擔,第二季度將提供約9億歐元的遣散費。

Business Progress:

業務進展:

  • Q1 2024 saw an increase in global deliveries to 2.1 million vehicles, up by 3% compared to last year.

  • The company launched various new vehicles and anticipates the successful launch of upcoming vehicles like ID.7 Tourer, Macan Electric and the Q6 e-tron.

  • Volkswagen aims to introduce 40 new electrified models in China within the next three years, conforming to their BEV share target of 9%-11%.

  • The company plans an efficiency program and a selective severance payments program to reduce personnel costs.

  • Raw materials for battery production are being secured to handle demand, and plans for expanding their own battery production capacity are in motion.

  • 2024年第一季度,全球交付量增加到210萬輛,與去年相比增長了3%。

  • 該公司推出了各種新車,並預計即將推出的汽車將成功推出,例如ID.7 Tourer、Macan Electric和Q6 e-tron。

  • 大衆汽車的目標是在未來三年內在中國推出40款新的電氣化車型,符合其9%-11%的電動汽車份額目標。

  • 該公司計劃一項效率計劃和一項選擇性遣散費計劃,以降低人員成本。

  • 電池生產的原材料正在得到保障,以滿足需求,擴大自身電池產能的計劃也在進行中。

More details: VOLKSWAGEN A G IR

更多詳情: 大衆 A G IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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