Home » Volkswagen: record profits in the first half, stock soars to + 6% in Frankfurt

Volkswagen: record profits in the first half, stock soars to + 6% in Frankfurt

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Solid numbers in the first half of the year for Volkswagen which, according to preliminary data just released, reported an operating profit of around 11 billion euros in the first half of the year, i.e. above pre-pandemic levels under the pressure of strong demand in Europe and the United States. in the first half of 2020 the auto giant from Wolsburg had recorded an operating loss of 1.49 billion euros thanks to the strong impact of the lockdown. In the first half of 2019, however, the operating profit was approximately 9 billion.

The stock shot up, reaching approximately + 6% in the € 212 area.

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