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Volkswagen sharply lowers earnings forecast Shares plunge
CH🏛️ PoliticsCenter15 hr. ago

Volkswagen sharply lowers earnings forecast Shares plunge

Volkswagen has significantly lowered its profit forecast for the fiscal year 2026 due to a billion-euro write-down on Porsche, weak sales in China, and additional costs related to the company's restructuring. The automaker now expects at most 1% of revenue to remain as operating profit, down from its previous range of 4.0 to 5.5 percent. In 2025, the operating margin was 2.8 percent. While the company projects a total revenue of around 315 billion euros for 2026, midway through its previous forecast range, the stock price dropped by 7.5 percent on Friday, making it the biggest loser in the DAX index.

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watson logowatsonIndependentCenter15 hr. ago
Volkswagen sharply lowers earnings forecast Shares plunge

Volkswagen has significantly lowered its profit forecast for the fiscal year 2026 due to a billion-euro write-down on Porsche, weak sales in China, and additional costs related to the company's restructuring. The automaker now expects at most 1% of revenue to remain as operating profit, down from its previous range of 4.0 to 5.5 percent. In 2025, the operating margin was 2.8 percent. While the company projects a total revenue of around 315 billion euros for 2026, midway through its previous forecast range, the stock price dropped by 7.5 percent on Friday, making it the biggest loser in the DAX index.

Bias read (Center): The article presents factual economic data regarding Volkswagen's financial performance and market reaction without overtly favoring any political ideology. It reports on corporate financial decisions and their impact on stock prices, which are primarily economic rather than politically charged. The

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