Sergiu Andrei Niga
$VOW3.DE (Volkswagen AG) H1 results. Revenue: €158,4 bln (-0.3%) Operating margin: €6,7bln (-33%) Net profit: € 4,5bln (-38%) Net cash flow: € -1,4bln Results already have been impacted from US tariffs as the cost related in additional tariffs amounts to € 1,3 bln. In Europe electric vehicles up 47% in H1 confirming strong momentum. With the aim of cut costs the number of employees has been already reduced by 4k units since December 2024 and with new tariffs agreement, on track toward reducing workforce by 35k units by 2030.
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