Volkswagen:Quarterly Results/2022 Q3: Difference between revisions

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== Results ==
== Results ==
Publishing Date: 2022 October 28


=== Outlook  ===
=== Outlook  ===
Wide range of revenue growth from 8-13%. <ref>https://www.volkswagenag.com/presence/investorrelation/publications/interim-reports/2022/Q3_2022_e.pdf</ref>
'''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%.


Operating margin in first 9 months of 2022 stood at 8.6%. <ref name=":0">https://seekingalpha.com/article/4550791-volkswagen-ag-vwagy-q3-2022-earnings-call-transcript</ref> Therefore it must have significantly weakened in Q4 2022 to reach 8.06% for the full year.
'''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%." <ref name=":0" />
* 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 ==