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MarketScreener Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
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Volkswagen : is pursuing the goal of becoming balance sheet CO₂-neutral by 2050. We show what the Group is doing to avoid and offset carbon dioxide on the road to a green zero. ...

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12/04/2019 | 05:29am EST

Take Wolfsburg, for example: at its production site in Lower Saxony, the Volkswagen Group is leading the way in phasing out coal. The two power stations will be completely converted from coal to natural gas for around 400 million euros. With a 33 percent increase in energy efficiency, the CO2 emissions of the two power plants will be reduced by around 1.5 million tons per year.

This corresponds to the annual CO2 emissions of currently approx. 870,000 vehicles and is a decrease of almost 60 percent compared to the previous emissions of the power plants at the Wolfsburg location. The modernization will reduce the CO2 emissions of Volkswagen AG's production sites (Brunswick, Emden, Hanover, Kassel, Salzgitter, Wolfsburg) by around 50 percent and for the Group's production sites worldwide by around 15 percent. Water consumption, waste generation and other emissions will also be drastically reduced - by an average of around 50 percent. By 2025, the CO2 emissions of all plants are to be reduced by half compared with 2010. Audi's production facilities in Brussels, for example, are already completely CO2-neutral.

Disclaimer

Volkswagen AG published this content on 04 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2019 10:28:04 UTC

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Financials (EUR)
Sales 2019 250 B
EBIT 2019 17 917 M
Net income 2019 13 808 M
Finance 2019 21 854 M
Yield 2019 3,54%
P/E ratio 2019 6,38x
P/E ratio 2020 6,12x
EV / Sales2019 0,27x
EV / Sales2020 0,23x
Capitalization 88 379 M
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Mean consensus BUY
Number of Analysts 30
Average target price 202,85  €
Last Close Price 177,52  €
Spread / Highest target 36,3%
Spread / Average Target 14,3%
Spread / Lowest Target -24,0%
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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