Earnings Call Summary | VOLKSWAGEN A G(VWAGY.US) Q1 2024 Earnings Conference
Earnings Call Summary | VOLKSWAGEN A G(VWAGY.US) Q1 2024 Earnings Conference
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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譯文內容由第三人軟體翻譯。