Volkswagen shares react to margin changes

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The stock price of Volkswagen has dropped more than 3.00% during Monday's trading due to the company reducing its annual profit margin outlook.

Volkswagen has announced that due to its blunder in raw material price hedging it expects a return on sales of 7.0-7.3%. The new margins are a downgrade from the precious 7.5%-8.5%.

Meanwhile, the company expects the previously forecast amounts of deliveries and sales.
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