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Volkswagen presents 2009 consolidated financial statements
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01.03.2010 09:54
Volkswagen presents 2009 consolidated financial statements:
Volkswagen Group achieves its main goals despite difficult conditions
- At EUR 1.9 billion, operating profit positive but well below previous year (EUR 6.3 billion)
- Board of Management and Supervisory Board propose dividend of EUR 1.60 per ordinary share and EUR 1.66 per preferred share for Volkswagen shareholders
- Deliveries up 1.3 percent year-on-year at 6.3 million vehicles
- Volkswagen Group gains additional share of world's key markets
- Positive net cash flow in the Automotive Division, including after acquisition of Porsche stake
- At EUR 10.6 billion, Automotive Division net liquidity exceeds prior-year figure (EUR 8.0 billion)
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