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MarketScreener Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
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Volkswagen : China Production Sites Back in Operation

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02/24/2020 | 06:53am EDT

By Jessica Sier

 

All FAW-Volkswagen Automobile Co. production sites have recommenced operations following closure due to the coronavirus epidemic, the company said.

Production for most of the SAIC joint venture has restarted with two sites still preparing to come back online. All Volkswagen Group China and partner component production sites have also recommenced operations.

"We are working hard to resume our business as usual, while facing challenges such as a slow national supply chain and logistics ramp-up, as well as limited travel options for production employees," said the company in a statement.

Volkswagen also has health and safety measures in place, such as temperature screening at the entrance of facilities, regular disinfection of working areas and the distribution of masks.

 

Write to Jessica Sier at jessica.sier@wsj.com

 

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Financials (EUR)
Sales 2020 232 B
EBIT 2020 13 627 M
Net income 2020 7 284 M
Finance 2020 18 936 M
Yield 2020 4,02%
P/E ratio 2020 7,52x
P/E ratio 2021 4,17x
EV / Sales2020 0,16x
EV / Sales2021 0,13x
Capitalization 56 683 M
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Technical analysis trends VOLKSWAGEN AG
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 156,25  €
Last Close Price 105,02  €
Spread / Highest target 130%
Spread / Average Target 48,8%
Spread / Lowest Target -30,1%
EPS Revisions
Managers
NameTitle
Herbert Diess Chairman-Management Board
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Information Technology
Peter Mosch Deputy Chairman
Bernd Osterloh Member-Supervisory Board
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