To Volkswagen Group ανακοίνωσε πως κατά το πρώτο εξάμηνο του 2013 είδε τα έσοδά της να ανέρχονται στα 98,7 δις ευρώ, έχοντας λειτουργικά κέρδη 5,8 δις ευρώ. Τα ενοποιημένα λειτουργικά κέρδη, τα οποία δεν περιλαμβάνουν τα κέρδη των κινεζικών κοινοπραξιών έφτασαν τα 2,4 δις ευρώ, με τα κέρδη προ φόρων να ανέρχονται στα 6,6 δις ευρώ, και μετά φόρων στα 4,8 δις ευρώ.
Ο όμιλος πούλησε 4,9 εκατ. αυτοκίνητα το πρώτο εξάμηνο του έτους (+4,9%). Η Volkswagen πούλησε 2,4 εκατ. αυτοκίνητα (+1,7%), έχοντας λειτουργικά κέρδη 1,5 δις ευρώ (2,3 δις ευρώ το 1ο εξάμηνο του 2012). Η Audi πούλησε 692.000 αυτοκίνητα (+2,1%) με τα λειτουργικά της κέρδη να ανέρχονται σε 2,6 δις ευρώ (2,9 δις ευρώ το 1ο εξάμηνο του 2012).
Η Skoda πούλησε 362.000 αυτοκίνητα (-11,1%), με λειτουργικά κέρδη 243 εκατ. ευρώ (449 εκατ. ευρώ το 1ο εξάμηνο του 2012). Η Seat σε όλο τον κόσμο πούλησε 244.000 αυτοκίνητα (+12,1%) με λειτουργικά κέρδη 40 εκατ. ευρώ (42 εκατ. ευρώ το 1ο εξάμηνο του 2012).
Η Bentley πούλησε 4.200 vehicles (4.800 το 2012), έχοντας λειτουργικά κέρδη 58 εκατ. ευρώ (57 εκατ. ευρώ το 1ο εξάμηνο του 2012). Η Porsche πούλησε 81.565 αυτοκίνητα με λειτουργικά κέρδη 1,3 δις ευρώ. Τα επαγγελματικά της Volkswagen πούλησαν 220.000 αυτοκίνητα (228.000 το 2012), με λειτουργικά κέρδη 246 εκατ. ευρώ (242 εκατ. ευρώ το 1ο εξάμηνο του 2012).
Η Scania πούλησε 38.000 φορτηγά και λεωφορεία (32.000 το 2012), με τα λειτουργικά κέρδη της να ανήλθαν σε 464 εκατ. ευρώ (477 εκατ. ευρώ το 1ο εξάμηνο του 2012). Η MAN πούλησε 65.000 φορτηγά και λεωφορεία (68.000 το 2012) με τα λειτουργικά κέρδη να ανέρχονται σε 124 εκατ. ευρώ (355 εκατ. ευρώ το 1ο εξάμηνο του 2012). Τέλος η Volkswagen Financial Services είχε λειτουργικά κέρδη 696 εκατ. ευρώ (663 εκατ. ευρώ το 1ο εξάμηνο του 2012).
[Πηγή: VW Group]
Volkswagen Group reports solid H1 result
- Operating profit of €5.8 billion (€6.5 billion) in difficult market environment
- High net liquidity in Automotive Division at €11.3 billion
- Winterkorn: “We made considerable progress following a subdued start to the year.”
Wolfsburg, 31 July 2013 – The Volkswagen Group maintained its trajectory in the first six months of fiscal year 2013, despite the challenging economic situation – particularly in Europe – and intense competition. Including China, deliveries increased by 5.4 percent to 4.8 million vehicles worldwide. The Group’s share of the passenger car market rose year-on-year to 12.7 percent (12.4 percent). “We made considerable progress following a subdued start to the year, and can report a solid result in what was a difficult market environment”, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, in Wolfsburg on Wednesday. The Volkswagen Group also confirmed its outlook for full-year 2013.
Sales revenue in the first six months was up on the prior-year figure, at €98.7 billion (€95.4 billion). Operating profit amounted to €5.8 billion (€6.5 billion). Consolidated operating profit does not include the €2.4 billion (€1.8 billion) share of the operating profit of the Chinese joint ventures. These companies are included using the equity method and are therefore reflected in the financial result. Profit before tax was €6.6 billion (€10.1 billion). The prior-year figure had been positively influenced by the remeasurement of the Porsche options (€2.6 billion). Profit after tax was €4.8 billion (€8.8 billion).
CFO Hans Dieter Pötsch was guardedly confident, despite the fragile economic environment: “The global economic situation means that it is all the more important for us not to ease up on our efforts to make the Volkswagen Group even more robust and flexible. At the same time, we will further strengthen our solid financial position for the long-term in order to continue our global growth path and ensure that our strategy is implemented systematically.”
High net liquidity in the Automotive Division
At €11.3 billion, net liquidity in the Automotive Division at the end of June was €0.7 billion higher than at year-end 2012. Investments in property, plant and equipment in the Automotive Division rose to €3.9 billion (€3.4 billion). The Volkswagen Group again maintained its investment discipline with a ratio of investments in property, plant and equipment (capex) to sales revenue in the Automotive Division of 4.5 percent (4.0 percent). Investments related primarily to production facilities and the models to be launched in 2013 and 2014, as well as the ecological focus of the model range.
Brands and Business Fields
Worldwide unit sales by the Volkswagen Group rose by 4.9 percent year-on-year in the first half of the year to 4.9 million vehicles.
The Volkswagen Passenger Cars brand sold around 2.4 million cars in the first six months, 1.7 percent fewer than in the first half of 2012 (2.4 million). The brand’s operating profit was €1.5 billion (€2.3 billion), and was weighed down by a deterioration in volumes and mix, as well as upfront expenditures for new technologies.
Unit sales by the Audi brand rose by 2.1 percent year-on-year to 692,000 vehicles (678,000); the FAW-Volkswagen Chinese joint venture sold a further 197,000 Audi vehicles. Audi reported an operating profit of €2.6 billion (€2.9 billion), despite higher upfront expenditures for new products, technologies and the expansion of global production structures.
ŠKODA’s sales declined by 11.1 percent to 362,000 vehicles (408,000). Negative volume, mix and exchange rate effects as well as launch costs for the new products saw its operating profit decline as against the first half of 2012 to €243 million (€449 million).
SEAT sold 244,000 vehicles (218,000) worldwide, 12.1 percent more than in the previous year. Demand increased for the new Leon and the new Toledo. The operating loss improved slightly to €40 million (€42 million).
Bentley delivered 4,200 vehicles (4,800). Its operating profit was on a level with the previous year at €58 million (€57 million).
Sports car manufacturer Porsche sold 78,000 vehicles and generated an impressive operating profit of €1.3 billion in the first half of the year.
Volkswagen Commercial Vehicles delivered 220,000 vehicles (228,000) and recorded an operating profit of €246 million (€242 million).
Scania lifted its sales to 38,000 trucks and buses (32,000). Increased pressure on margins saw its operating profit decline to €464 million (€477 million).
MAN sold 65,000 trucks and buses (68,000) and reported an operating loss of €124 million (previous year: operating profit of €355 million). Lower volumes, the declining after-sales business and the recognition of project-specific contingency reserves in the Power Engineering area were negative factors.
Volkswagen Financial Services generated an operating profit of €696 million (€663 million).
Winterkorn: “Diversity and international focus are increasingly bearing fruit.”
“The Volkswagen Group’s twelve strong brands cover almost the entire mobility chain. Our vehicles are produced at 100 plants around the world and are sold in over 150 countries. This diversity and our international focus are increasingly bearing fruit”, said Winterkorn. He is confident that the Volkswagen Group will outperform the market as a whole in a challenging environment. “As before, the Volkswagen Group is standing by its goals for the current fiscal year”, said Winterkorn. Deliveries to customers are expected to increase year-on-year. However, the Group is not completely immune to the intense competition and the impact this is having on its business. The modular toolkit system, which is being continuously expanded, will have an increasingly positive effect on the Group’s cost structure. The Volkswagen Group’s 2013 sales revenue is expected to exceed the prior-year figure. Given the ongoing uncertainty in the economic environment, the Group’s operating profit goal is to match the prior-year level in 2013.
The complete interim report is published on our website at: http://www.volkswagenag.com/ir/HY_2013_e.pdf
The sports car manufacturer has now more than 18,000 employees
Porsche boosts sales and result in the first half of 2013
Stuttgart. Dr. Ing. h.c. F. Porsche AG can look back on a very successful first half of the ongoing 2013 fiscal year. Sales of the sports car manufacturer rose by 4 percent to 7.03 billion euro from January to the end of June. With 1.29 billion euro, the operating result stood at 3 percent above the value of the previous year. Deliveries increased by 18 percent to 81,565 vehicles.
Given the clouded economic environment in Europe, Lutz Meschke, Chief Financial Officer of Porsche AG, was very satisfied with the mid-year result. Mr. Meschke underscored the earning power of the company reflected in the high return on sales of 18 percent. “Through growth and cost discipline, we compensate our substantial expenditures for the development of new models such as the super sports car 918 Spyder and the sports SUV Macan,” Meschke explained. For both the Macan and the 918 Spyder, production will start still this year. The high expenditures, though, have not yet been offset by corresponding vehicle sales in the ongoing fiscal year. These sales will only be realised as of 2014 when our new models are sold.” Nonetheless, according to Meschke, Porsche AG aims for a result in the 2013 fiscal year that matches the very high level of the prior year.
Matthias Müller, President and CEO of Porsche AG, attributes the growth primarily to the attractive model range: “Our new vehicles are highly praised by customers, the trade press as well as the renowned American market research institute J.D. Power.” Thus Porsche placed first in two recent surveys conducted by J.D. Power: one on the quality (“Initial Quality Study”) and one on the attractiveness (“Automotive Performance, Execution and Layout Study”) of new vehicles.
The Porsche President and CEO remains optimistic for the course of the second half of 2013. “With the new 911 GT3, the new 911 Turbo and Turbo S as well as the ’50 Years 911′ exclusive special model, we have more exciting vehicles hitting the road.” Moreover, Porsche is currently launching the new generation of the Panamera, which now includes the Panamera S E-Hybrid. “With this first plug-in hybrid vehicle in the premium segment, we are able to prove our innovative power and the top position the Porsche brand holds in terms of technology,” Matthias Müller emphasised. Looking at the individual markets, the Porsche President and CEO is convinced that the sports car manufacturer will continue to grow on its most important sales markets in the United States and China.
Deliveries in China rose by 20 percent to 18,323 vehicles in the first half of 2013; in the United States, by 30 percent to 21,309 units. Deliveries to customers in Europe rose only slightly by 2 percent to 26,199 vehicles in this difficult economic environment.
With regard to the model range, the new Boxster series, which includes the new Cayman, showed the highest growth with a jump of 186 percent to 12,886 vehicles in the period from January to June 2013. The model series most in demand was again the Cayenne with 42,354 deliveries (plus 22 percent), followed by the 911 range, of which 15,834 vehicles were delivered (plus 10 percent). Due to the new model generation, the Panamera recorded a fall in deliveries by 33 percent to 10,491 vehicles in the first half of 2013. Sales of the new Panamera models began in July.
The growth strategy of Porsche is also reflected in the continually growing number of employees. It exceeded the threshold of 18,000 employees for the first time in June 2013. Exactly 18,148 persons were on board at Porsche as at the end of June 2013. This is equivalent to a growth of 4 percent in comparison to the end of the year in 2012. Of the over 18,000 employees, around 5,000 have been added in the last 3 years.
|PORSCHE AG Group||January to June|
|Deliveries (units)||81,565||69,171||+ 18%|
|Revenue (million €)||7,025||6,757||+ 4%|
|Operating profit (million €)||1,294||1,261||+ 3%|
* Reference date: 06/30/2013 ** Reference date: 12/31/2012