VW logo on the ID. buzz
The delivery bottlenecks have caused a severe decline in cash inflow for Volkswagen. The net cash flow of five billion euros last year was well below the 8.6 billion euros achieved in the previous year, the Wolfsburg announced on Tuesday evening.
The deviation is mainly due to the unstable supply situation throughout 2022 and disruptions in the logistics chains, especially at the end of the year.
According to preliminary figures, group sales were 279 (previous year 250.2) billion euros and the operating result before special items was around 22.5 billion euros, as the company also announced.
Volkswagen stated the expected return on sales at around 8.1 percent. According to data from Refinitiv, analysts had expected about as much sales and operating profit.
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