{"id":51711,"date":"2021-07-30T00:00:00","date_gmt":"2021-07-30T00:00:00","guid":{"rendered":"https:\/\/www.volkswagen.es\/2021\/07\/30\/volkswagen-posts-a-strong-first-half\/"},"modified":"2021-11-19T18:04:36","modified_gmt":"2021-11-19T18:04:36","slug":"volkswagen-posts-a-strong-first-half","status":"publish","type":"post","link":"https:\/\/www.volkswagen.es\/comunicacion\/volkswagen-posts-a-strong-first-half\/","title":{"rendered":"Volkswagen posts a strong first half"},"content":{"rendered":"
\n\n\n\n
Volkswagen CFO Alexander Seitz: \u00abWe succeeded in further reducing our fixed cost ratio. Our strict cost discipline, the good progress we have made in implementing our strategic realignment in North and South America, results-oriented management of the markets and significant volume growth are giving a boost to our financial figures.\u00bb The operating net cash flow before special items was positive at EUR 0.8 billion. \u00abThis shows that we are well on the way to achieving our goal of an operating net cash flow of between EUR 1 and EUR 2 billion in 2023.\u00bb<\/p>\n

Outlook for 2021 confirmed<\/strong><\/p>\n

Now that the first six months have ended, the Volkswagen brand confirms its forecast for the current fiscal year. Seitz: \u00abAlthough there are signs that the supply bottlenecks for semiconductors are beginning to ease, we expect a very challenging third quarter from a supply perspective. Nevertheless, we are confirming our outlook for the year as a whole. We anticipate a significant year-on-year increase in deliveries and sales revenue in 2021 and still aim to post an operating return on sales in the target corridor between 3 and 4 percent. We are sticking to our target margin of 6 percent by 2023 and aim to position the brand for sustainable profitability.\u00bb<\/p>\n

Financial figures Volkswagen Passenger Cars \u00bb H1 2021<\/span><\/p>\n

\n\n\n\n\n\n\n\n\n
<\/td>\n\n

January – June 2020<\/span><\/p>\n<\/td>\n

\n

January – June 2021<\/span><\/p>\n<\/td>\n

\n

Change in %<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Deliveries (<\/span>thousand)<\/p>\n<\/td>\n

\n

2,199<\/p>\n<\/td>\n

\n

2,703<\/p>\n<\/td>\n

\n

+22.9%<\/p>\n<\/td>\n<\/tr>\n

\n

Vehicle sales\u00a0<\/span>(thousand)<\/p>\n<\/td>\n

\n

1,134<\/p>\n<\/td>\n

\n

1,552<\/p>\n<\/td>\n

\n

+36.9%<\/p>\n<\/td>\n<\/tr>\n

\n

Sales revenue<\/span><\/p>\n

(\u20ac million)<\/p>\n<\/td>\n

\n

28,580<\/p>\n<\/td>\n

\n

40,689<\/p>\n<\/td>\n

\n

+42.4%<\/p>\n<\/td>\n<\/tr>\n

\n

Operating profit\u00a0<\/span>(\u20ac million)<\/p>\n<\/td>\n

\n

-1,491<\/p>\n<\/td>\n

\n

1,773<\/p>\n<\/td>\n

\n

+218.9%<\/p>\n<\/td>\n<\/tr>\n

\n

Net cash flow<\/span>(\u20ac million)<\/p>\n<\/td>\n

\n

-3,705<\/p>\n<\/td>\n

\n

800<\/p>\n<\/td>\n

\n

+121.6%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Deliveries Volkswagen Passenger Cars – H1 2021<\/span><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

January – June 2020<\/span><\/p>\n<\/td>\n

\n

January – June 2021<\/span><\/p>\n<\/td>\n

\n

Change
\nin %<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Western Europe<\/span><\/p>\n<\/td>\n

\n

478,200<\/p>\n<\/td>\n

\n

616,700<\/p>\n<\/td>\n

\n

+29.0%<\/p>\n<\/td>\n<\/tr>\n

\n

Central & Eastern Europe<\/span><\/p>\n<\/td>\n

\n

91,700<\/p>\n<\/td>\n

\n

120,300<\/p>\n<\/td>\n

\n

+31.2%<\/p>\n<\/td>\n<\/tr>\n

\n

North America<\/span><\/p>\n<\/td>\n

\n

208,400<\/p>\n<\/td>\n

\n

289,900<\/p>\n<\/td>\n

\n

+39.1%<\/p>\n<\/td>\n<\/tr>\n

\n

South America<\/span><\/p>\n<\/td>\n

\n

148,000<\/p>\n<\/td>\n

\n

207,700<\/p>\n<\/td>\n

\n

+40.3%<\/p>\n<\/td>\n<\/tr>\n

\n

China<\/p>\n<\/td>\n

\n

1,167,800<\/p>\n<\/td>\n

\n

1,331,900<\/p>\n<\/td>\n

\n

+14.1%<\/p>\n<\/td>\n<\/tr>\n

\n

Rest of Asia-Pacific<\/span><\/p>\n<\/td>\n

\n

52,900<\/p>\n<\/td>\n

\n

61,800<\/p>\n<\/td>\n

\n

+16.8%<\/p>\n<\/td>\n<\/tr>\n

\n

Middle East\/Africa<\/span><\/p>\n<\/td>\n

\n

51,800<\/p>\n<\/td>\n

\n

74,900<\/p>\n<\/td>\n

\n

+44.7%<\/p>\n<\/td>\n<\/tr>\n

\n

World<\/span><\/p>\n<\/td>\n

\n

2,198,900<\/span><\/p>\n<\/td>\n

\n

2,703,200<\/span><\/p>\n<\/td>\n

\n

+22.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Volkswagen Passenger Cars brand sees a marked increase in deliveries, sales revenue and earnings in the first half of 2021 despite considerable challenges Sales revenue of EUR 40.7 billion, operating profit of EUR 1.8 billion,","protected":false},"author":1,"featured_media":51712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[279],"tags":[],"class_list":["post-51711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporativo"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/51711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/comments?post=51711"}],"version-history":[{"count":2,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/51711\/revisions"}],"predecessor-version":[{"id":52288,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/51711\/revisions\/52288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/media\/51712"}],"wp:attachment":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/media?parent=51711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/categories?post=51711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/tags?post=51711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}