Hannover, 2008-07-23
Volkswagen Commercial Vehicles sets half-year record
• Net operating results climb by 78 percent to 215 million euro
• Sales revenues rise from 4.4 billion euro to 5.2 billion euro
• Sales growth and improvements in productivity are main factors
As a result of good sales figures, improved productivity and continuous product improvements, Volkswagen Commercial Vehicles increased its net operating results during the first six months of 2008 by 78 percent over the same period last year, setting a new half-year record with 215 million euros.
Sales revenues reached 5.2 billion euro following 4.4 billion euro in the first half of 2007. This provides lasting confirmation of the company's course of profitable growth and the company considers itself well equipped to face the economic conditions predicted for the second half of the year.
Stephan Schaller, spokesperson for Volkswagen Commercial Vehicles' board of management stated, "The strong demand for our vehicles, further improvements in productivity and the above-average market development in the heavy commercial vehicle segment in Brazil all made positive contributions." With this good result for the first six months, the company has continued its healthy financial development of the past three years and has strengthened the basis for the planned growth in the next three years.
Sales revenues reached 5.2 billion euro following 4.4 billion euro in the first half of 2007. This provides lasting confirmation of the company's course of profitable growth and the company considers itself well equipped to face the economic conditions predicted for the second half of the year.
Stephan Schaller, spokesperson for Volkswagen Commercial Vehicles' board of management stated, "The strong demand for our vehicles, further improvements in productivity and the above-average market development in the heavy commercial vehicle segment in Brazil all made positive contributions." With this good result for the first six months, the company has continued its healthy financial development of the past three years and has strengthened the basis for the planned growth in the next three years.