Volkswagen Group reports 2023 Q1 results, operating profit down 31.0%
The Volkswagen Group announced 2023 Q1 financial results. Sales revenue increased by 21.5 % year-on-year to EUR 76.2 billion and operating profit decreased by 31.0% to EUR 5.7 billion. The Group’s earnings after tax decreased 29.9% to EUR 4.7 billion.
Sales revenue is primarily driven by a recovery in sales volumes i....
Sales revenue is primarily driven by a recovery in sales volumes i....
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