Volkswagen has significantly worsened its financial outlook for 2026. The automotive group now expects an operating profit margin of at most one percent, whereas it had previously anticipated a range of four to 5.5 percent. The announcement led to a sharp drop in the share price. ekonomickydenik.cz ↗
The result will be burdened by extraordinary items totaling approximately ten billion euros. The most significant portion is a write-down of six billion euros related to the sports brand Porsche. Volkswagen also pointed to weaker business results in China, which is one of its key markets. Welt ↗
The worse outlook is also driven by the costs of the group's extensive restructuring and uncertainty surrounding the development of the automotive market. The company is grappling with changes in demand for electric vehicles, strong competition in China, and the impacts of geopolitical tensions. According to the published data, these factors are increasing pressure on the performance of the entire group. Der Standard ↗
Volkswagen may thus achieve only a very low profit this year compared to its original expectations. Developments will depend primarily on the situation in the Chinese market, Porsche's results, and the costs associated with the group's transformation. The further course of events could also be influenced by the pace of growth in demand for electric vehicles. Tagesspiegel ↗
Volkswagen sharply cuts profit forecast, hurt by Porsche and China
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (14)
Volkswagen srazil výhled ziskové marže, kvůli Porsche a Číně. Akcie prudce oslabily
idnes.cz
| 20:19 18.09.
Krize se prohlubuje: Volkswagen prudce snížil odhad zisku, akcie letí dolů
ekonomickydenik.cz
| 19:44 18.09.
Volkswagen varuje před zhoršením trhu. Letošní marže nepřesáhne jedno procento
e15.cz
| 18:48 18.09.
Volkswagen výrazně snížil odhad letošního zisku. Bojí se i zrychlení poptávky po elektrovozech
ihned.cz - byznys
| 18:37 18.09.
Volkswagen - Konzern kappt Gewinnerwartung für 2026 deutlich
Deutschlandfunk
| 23:32 18.09.
Volkswagen prudko zhoršil výhľad. Kríza sa prehlbuje, v hre je 100-tisíc pracovných miest
zurnal.pravda.sk
| 21:00 18.09.
Volkswagen senkt Gewinnprognose deutlich – Aktienkurs bricht ein
Welt
| 20:18 18.09.
Krise in der Autoindustrie: Volkswagen senkt Gewinnprognose deutlich
Tagesspiegel
| 19:42 18.09.
Volkswagen výrazne zhoršil tohtoročný výhľad zisku
teraz.sk
| 19:37 18.09.
Volkswagen kappt Gewinnerwartung für 2026 – Aktie rauscht ab
Spiegel.de
| 19:35 18.09.
Volkswagen - Konzern kappt Gewinnerwartung für 2026 deutlich
Deutschlandfunk
| 18:54 18.09.
Nur höchstens ein Prozent Marge erwartet: Volkswagen muss Gewinnprognose deutlich absenken
Tagesspiegel
| 18:53 18.09.
Volkswagen: Volkswagen senkt Gewinnprognose für 2026 deutlich
Die Zeit
| 18:42 18.09.
Volkswagen kappt Prognose für laufendes Jahr, Aktie fällt
Der Standard
| 17:49 18.09.
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