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4-Traders Homepage  >  Equities  >  Xetra  >  Volkswagen    VOW3   DE0007664039

VOLKSWAGEN (VOW3)
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Volkswagen : VW brand September sales hit record on strong demand in China, Americas

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10/06/2017 | 02:23pm CEST
FILE PHOTO: Man uses phone under VW logo at the auto show in Shanghai

BERLIN (Reuters) - Volkswagen on Friday reported the highest-ever September sales result for its core namesake brand, with global registrations up 8 percent year-on-year to 593,700 vehicles.

Nine-month deliveries of VW's largest division by sales and revenue rose 2.7 percent to 4.49 million autos, with gains in China and the Americas offsetting a decline in western Europe, the carmaker said.

"There are also clear signs of an upturn in the home market of Germany, current orders are well above the previous month," sales chief Juergen Stackmann said, without being more specific.

(Reporting by Andreas Cremer; Editing by Douglas Busvine)

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Financials (€)
Sales 2018 241 B
EBIT 2018 17 738 M
Net income 2018 12 744 M
Finance 2018 24 438 M
Yield 2018 3,99%
P/E ratio 2018 5,54
P/E ratio 2019 5,07
EV / Sales 2018 0,20x
EV / Sales 2019 0,17x
Capitalization 71 626 M
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 201 €
Spread / Average Target 41%
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Managers
NameTitle
Herbert Diess Chairman-Management Board
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Controlling
Martin Hofmann Head-Group Information Technology
Peter Mosch Member-Supervisory Board
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