Sabadell - Volkswagen AG (VOW) VOLKSWAGEN: PROFIT WARNING (ANÁLISIS BANCO SABADELL)

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Sabadell

Oscar Rodriguez

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VOLKSWAGEN: PROFIT WARNING (ANÁLISIS BANCO SABADELL)

Anuncia un profit warning. SOBREPONDERAR
Anunció el viernes a cierre de mercado que rebaja sus previsiones para 2024 ante la debilidad actual en la marca Volkswagen (incluye Vehículos comerciales y Tech. Components) que les lleva a fijar su previsión de crecimiento en ventas a nivel grupo en ~-0,5% desde +5% antes (vs +2,3% BS(e) y +2,7% consenso) y situar su objetivo de márgenes en ~5,6% (vs 6,5/7% antes). Esto implica un EBIT de ~18.000 M euros (vs 21.776 BS(e) y 20.283 consenso). Este profit warning, si bien no supone una sorpresa total tras los de Mercedes y BMW, vuelve a poner encima de la mesa la situación delicada que atraviesa la marca Volkswagen (~52% ventas unitarias), lo que eventualmente podría dar lugar a que se tomen medidas concretas para impulsar la rentabilidad, así como a la aparición de nuevos estímulos por parte de los Gobiernos.

30/09/2024 1 ES

Underlying

Volkswagen AG

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DE0007664005 Germany

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Sabadell

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Analysts

Oscar Rodriguez

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VOLKSWAGEN: PROFIT WARNING (ANÁLISIS BANCO SABADELL)

PSA Autos / New Mobility: Review of Auto Stocks in Light of Import Tariffs

Mobileye win at Volkswagen: Passenger ADAS flying lower, not higher, at Western OEMs

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BASF: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 02 MAY + 1Q’25 RESULTS. HIGHLIGHTS AND REST OF PREVIEWS (ANÁLISIS BANCO SABADELL)

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