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    VOW3   DE0007664039

VOLKSWAGEN AG

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Volkswagen : plans to change management structure -Automobilwoche

05/30/2021 | 05:55am EDT
FILE PHOTO: A Volkswagen logo is seen as it launches its ID.6 and ID.6 CROZZ SUV at a world premiere ahead of the Shanghai Auto Show, in Shanghai

BERLIN (Reuters) - Volkswagen <VOWG_p.DE) plans to change its management structure and install two new chief operating officers to oversee its premium brands and volume brands, Automobilwoche reported on Sunday without naming its sources.

The move is aimed at ensuring better cooperation among the brands and at resolving conflicts of interest, the weekly said. Two long-serving managers should take over the new roles.

Volkswagen did not immediately reply to a request for comment.

(Reporting by Kirsti Knolle; editing by Jason Neely)


ę Reuters 2021
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Financials
Sales 2021 253 B 300 B 300 B
Net income 2021 14 740 M 17 500 M 17 500 M
Net cash 2021 34 213 M 40 617 M 40 617 M
P/E ratio 2021 7,06x
Yield 2021 3,59%
Capitalization 127 B 150 B 150 B
EV / Sales 2021 0,37x
EV / Sales 2022 0,32x
Nbr of Employees 632 825
Free-Float 56,8%
Chart VOLKSWAGEN AG
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Volkswagen AG Technical Analysis Chart | VOW3 | DE0007664039 | MarketScreener
Technical analysis trends VOLKSWAGEN AG
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 25
Last Close Price 205,10 €
Average target price 279,86 €
Spread / Average Target 36,4%
EPS Revisions
Managers and Directors
Herbert Diess Chairman-Management Board
Arno Antlitz Head-Finance & Information Technology
Hans Dieter P÷tsch Chairman-Supervisory Board
Thomas Schmall-von Westerholt Head-Technology
Kurt Michels Chief Compliance Officer
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