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US News VW share is followed by: VW core brand turns loss from mid-2020 billions of winning

19:23  30 july  2021
19:23  30 july  2021 Source:   finanzen.net

Coronavirus: Covax and the World Bank want to send more vaccines to the Poor Countries

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Volkswagen expects a "challenging third quarter" for its core brand overlooking the supply of semiconductor chips.

PHILIPPE HUGUEN/AFP/Getty Images © Provided by finanzen.net Philippe Huguen / AFP / Getty Images

VW Mark Financial Chef Alexander Seitz confirmed on the basis of the first six months but the prognosis for the volume manufacturer. There are also first signs of relaxation in the supply chain for chips.

With the brand VW, the Group wants to achieve an operational return on sales between 3 and 4 percent this year. By 2023, the operating margin should rise to 6 percent.


Video: Share in focus: VW suffers from imminent billions of penalties (DPA AFX)

Key Series: With this sub-brand Aukey Appears Apparently Amazon's Lock

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In the first half of the year, the margin was 4.4 percent after sales of 42 percent to 40.7 billion euros and operations by 3.3 Billions improved to 1.8 billion euros. In 2020, the core brand had written 1.5 billion euros in the first half of the year, because in the first wave of pandemic works and car dealerships were temporarily closed.

The VW brand increased its sales in the first six months by 500,000 to around 2.7 million vehicles. VW further paves a "significant" increase for the full year. For the Group, VW, on the other hand, has withdrawn his targeted "significant" sales growth for 2021 to "noticeably" - about 10 percent.

The preferred shares of VW lose on Friday via Xetra last 0.60 percent to 205.80 euros. (Dow Jones / DPA-AFX)

Kölner beer manager: "Are not so dependent on gastronomy such as Kölsch breweries" .
While the Cologne breweries under Corona and are heavily suffering from the wet-cold summer , many international beer brands did not quite caught so hard. "The bad weather is not as problematic as the Lockdown before," says Nora Stiller the "Kölner City-Anzeiger". She is marketing chef at Asahi for the region Germany, Austria and Switzerland. © Asahi Tyskie is the meadful beer and a brand of Asahi in NRW.

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