India, April 9 -- German auto major Volkswagen Group (VKW.L,VLKAF.PK,VOW.BE) reported that its preliminary operating result for the first quarter of 2025 dropped to around 2.8 billion euros from 4.6 billion euros last year. The latest quarter operating result was impacted by special effects in the magnitude of around 1.1 billion euros.
The company noted that the preliminary result for the first quarter of 2025 deviates significantly from the average market expectation of around 4 billion euros or around 5 percent currently available to the company.
Quarterly group sales revenue improved by around 3 percent to around 78 billion euros from 75.5 billion euros last year. The operating return on sales amounted to around 3.6 percent compared to...