Reports FY24 operating result EUR 19.1B vs. EUR 22.5B last year. Reports FY24 underlying result EUR 21.7B, with EUR 5B net cash flow in the Automotive Division. Reports 9M vehicle sales in FY24, 3.5% below FY23. CEO Oliver Blume said: “In 2024, Volkswagen (VWAGY) Group has set a decisive strategic course. With innovative, emotional products. With trailblazing strategic decisions. In 2025, we will continue to focus on consistent implementation. As our transformation gains in traction, the new strength of Volkswagen Group comes to life. Our continuing model offensive, regionally tailored products for our markets around the globe and strong partners constitute the basis for sustainable positive development. With the ramp-up of affordable e-mobility, our autonomous vehicle fleet and the battery cell production in Germany, Volkswagen is showcasing European innovation for the world – as the global automotive tech driver.”
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