Volkswagen AG

VOW: XETR (DEU)

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Volkswagen Earnings: Free Cash Flow Generation Under Scrutiny, but Dividend Payout Ratio Maintained

Rella Suskin

Oct 30, 2025

Volkswagen reported group sales up 2.3% in the third quarter, on solid volume growth, with an operating loss of EUR 1.3 billion. Excluding the EUR 4.7 billion related to Porsche's goodwill impairment and restructuring costs, the operating profit of 4.2% is comparable with half-year results.

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Volkswagen AG

Volkswagen Earnings: Free Cash Flow Generation Under Scrutiny, but Dividend Payout Ratio Maintained

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