Volkswagen : 2024 will be a demanding year for the Audi Group. The challenging market environment and supply bottlenecks, especially for V6 and V8 engines, had a particularly negative impact on operating profit in the first quarter of the year. The company also has to manage numerous product ramp-ups. Revenue reached €13.7 billion in the first quarter of the year, while operating profit amounted to €466 million. The operating margin was 3.4 percent. In the first three months of the year, the Brand
CFO Jürgen Rittersberger: 2024 will be a year of transition for Audi. Among other things, the first quarter was characterized by an ongoing strained supply situation. At...
Source: marketscreener.com