Germany: VW forecasts revenue and profit rises in 2010

Volkswagen has reported group sales revenue of €105,187m (US$143,207m) in 2009, down 7.6% from the €113,808m reported in 2008 and operating profit of €1,855m, a fall of 70.7% from €6,333m seen in the previous year. Attributable net profit declined 79.8% to €960m (€4,753m) but cash flows from operating activities were Subscribe to Automotive World to … Continued

• By Webmaster
• March 11, 2010