Volkswagen has printed a 15% decline in annual revenue in opposition to restructuring, anticipating income to extend in 2025.

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Volkswagen has published a 15% decline in annual profit against restructuring, expecting revenue to increase in 2025.

The brand new Volkswagen ID. Each1 is displayed in the course of the presentation throughout Volkswagen ID presentation. Every1 on March 5, 2025 in Dusseldorf, Germany.

Andreas Renz | Ghetto pictures

Big Volkswagen reported a 15% decline in annual working revenue on Tuesday, citing growing prices and “extraordinary prices” associated to its restructuring technique.

He reported income of 324.7 billion euros ($ 352.8 billion) within the yr 2024, in comparison with EUR 322.3 billion final yr. The automaker stated it anticipated gross sales income to exceed the determine of the earlier yr by as much as 5% in 2025. It additionally predicted that its working margin, which reached 5.9% in 2024, would attain between 5.5% and 6.5% this yr.

The corporate reported a 3.5% drop in car gross sales by 2024, however marketed “strong leads to the yr in a difficult atmosphere”.

The corporate stated it might supply a dividend of EUR 6.30 per peculiar motion and 6.36 for the popular motion at its annual common assembly in Could – a 30% low cost in comparison with the earlier yr.

This breakdown information is up to date.

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