German automaker Volkswagen, the European leader in the sector, has registered in the first half a rise in net profits of 36% over one year to 8,83 billion euros. The forecasts for 2012 were thus confirmed: turnover between January and the end of June rose by 23% to 95,4 billion euros and operating profit increased by 7% to 6,5 billion EUR. After the announcement of the good results, the Volkswagen stock lost 0,67% on the Frankfurt stock exchange.
Volkswagen, almost 9 billion euros in profits in the first half: +36%
The European leader in the automobile sector confirmed its forecasts for the first half of 2012: an increase in net profits of 36% over one year to 8,83 billion euros, a turnover of 95,4 billion.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
You might also be interested ...
-
Stock market closes April 29th: weak price lists awaiting Fed moves on rates. But Tesla is resurrected (+11%) due to a Chinese agreement
-
Latest stock market news: price lists slow down waiting for Fed and quarterly reports. Banks and luxury down in Milan, purchases on utilities
-
Vivendi: Lagardère raises revenues above 4 billion in the first quarter of 2024. Split to vote in 2025
-
Stock market ready to rise on April 29th after the close of trading in Asia and the sparks of the Nasdaq