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Volkswagen:Quarterly Results/2022 Q4: Difference between revisions
Volkswagen:Quarterly Results/2022 Q4 (view source)
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Earnings 279 billion euros 8.7% Y/Y growth at lower end of Q3 2022 Guidance Range of 8-13% Y/Y growth. | Earnings 279 billion euros 8.7% Y/Y growth at lower end of Q3 2022 Guidance Range of 8-13% Y/Y growth. | ||
Operating Profit 22.5 billion euros | Operating Profit and operating profit margin were 22.5 billion euros and 8.1% respectively. | ||
The company gave revenue guidance for 2023 that exceeds Yahoo Finance analysts estimate as it expects supply bottlenecks to gradually ease. Volkswagen expects this year's revenue to grow by 12.5% at the mid-point to reach EUR 319 billion, above analyst's estimate of EUR 281.84 billion(+0.94% y/y). | |||
It also expects deliveries to reach 9.5 million vehicles in 2023. That is growth of 15% in deliveries compared to the prior year. Meanwhile operating margin is to come in between 7.5 and 8.5%. | |||
{| class="wikitable" | |||
|+ | |||
!Key items<ref>https://static.seekingalpha.com/uploads/sa_presentations/108/92108/original.pdf<nowiki/>(Page 19)</ref> | |||
!2022 | |||
!Y/y growth | |||
!2023 Guidance | |||
!y/y growth | |||
|- | |||
|Revenue | |||
|EUR 279.2 billion | |||
|12% | |||
|EUR 319 billion | |||
|12.5% | |||
|- | |||
|Operating profit | |||
|EUR 22.5 billion | |||
|13% | |||
| | |||
| | |||
|- | |||
|Operating profit margin | |||
|8.1% | |||
| | |||
|7.5%-8.5% | |||
| | |||
|- | |||
|Vehicle deliveries | |||
|8.3 million | |||
| -7% | |||
|9.5 million | |||
|15% | |||
|} | |||
== Assessment == | == Assessment == | ||