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== Results == | == Results == | ||
Publishing Date: 2022 October 28 | |||
=== Outlook === | === Outlook === | ||
'''Shareholder Report: <ref>https://www.volkswagenag.com/presence/investorrelation/publications/interim-reports/2022/Q3_2022_e.pdf</ref>''' Wide range of revenue growth from 8-13%. | |||
'''Earnings Call''' <ref name=":0">https://seekingalpha.com/article/4550791-volkswagen-ag-vwagy-q3-2022-earnings-call-transcript</ref> | |||
Exact wording of the Guidance: "Revenues are expected to reach the upper end of the range between 8% and 13% due to the continued positive mix effect on pricing. We remain confident to end up at the upper end of our margin guidance between 7% and 8.5%." | * Operating margin in first 9 months of 2022 stood at 8.6%. Therefore it must have significantly weakened in Q4 2022 to reach 8.06% for the full year. | ||
* Exact wording of the Guidance: "Revenues are expected to reach the upper end of the range between 8% and 13% due to the continued positive mix effect on pricing. We remain confident to end up at the upper end of our margin guidance between 7% and 8.5%." | |||
== References == | == References == |