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    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
  Report
Real-time Estimate Tradegate  -  03:58:00 2023-06-08 pm EDT
126.25 EUR   +1.54%
11:35aWEEKLY PREVIEW: Dates until June 20, 2023
DP
10:13aTexas AG's Broad Jurisdiction Results In Settlement With VW And Audi
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10:11aTesla eyes new $4.8 bln factory in Spain - source
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VW, Audi agree to $85 million diesel settlement in principle with Texas - state

05/25/2023 | 04:47pm EDT
FILE PHOTO: The spread of the coronavirus disease (COVID-19) in Germany

(Reuters) - Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal, Texas Attorney General Ken Paxton said Thursday.

Paxton said the settlement stipulates that the German automakers pay a civil penalty of $85 million for their unlawful actions. Earlier this month, the Texas Supreme Court has ruled the state environmental lawsuit against Volkswagen and Audi could go forward. Volkswagen, which did not immediately comment Thursday, previously settled U.S. actions prompted by the emissions scandal for more than $20 billion, but that did not shield it from local and state government liability, courts ruled previously.

(Reporting by David Shepardson; editing by Diane Craft)


ę Reuters 2023
All news about VOLKSWAGEN AG
11:35aWEEKLY PREVIEW: Dates until June 20, 2023
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10:13aTexas AG's Broad Jurisdiction Results In Settlement With VW And Audi
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Analyst Recommendations on VOLKSWAGEN AG
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Financials
Sales 2023 302 B 325 B 325 B
Net income 2023 15 980 M 17 218 M 17 218 M
Net cash 2023 40 080 M 43 185 M 43 185 M
P/E ratio 2023 3,99x
Yield 2023 7,29%
Capitalization 71 730 M 77 287 M 77 287 M
EV / Sales 2023 0,10x
EV / Sales 2024 0,09x
Nbr of Employees 676 915
Free-Float 56,8%
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Technical analysis trends VOLKSWAGEN AG
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 125,76 €
Average target price 157,13 €
Spread / Average Target 24,9%
EPS Revisions
Managers and Directors
Oliver Ingo Blume Chairman-Management Board
Arno Antlitz Director-Controlling & Accounting
Hans Dieter P÷tsch Member-Management Board
Thomas Schmall-von Westerholt Head-Technology
Mario Hermann Daberkow Head-IT Infrastructure & Services
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