Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016
Green Car Congress
FEBRUARY 27, 2017
Sales revenue in fiscal year 2016 rose by €4.0 billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). The Group therefore reached not only its targets for 2016 but also a new record, helped in particular by increases in Western and Central European markets and in the Asia-Pacific region. Overall, growth in global demand for new vehicles will probably be slower than in the reporting period.