VW lifts earnings outlook after higher third-quarter profit
That beat even the highest estimate of €4.17 billion in a Reuters poll of banks and brokerages.
Berlin - Muslimchronicle
Volkswagen lifted its profit guidance for this year after posting forecast-beating group earnings in the third quarter, benefitting from cost cuts at its core autos division.
Quarterly group earnings before interest and taxes (EBIT) before special items jumped 15 percent to €4.31 billion from €3.75 billion a year ago, Volkswagen (VW) said on Friday.
That beat even the highest estimate of €4.17 billion in a Reuters poll of banks and brokerages.
The Wolfsburg-based company said it now expected the group’s operating margin to moderately exceed a target corridor of between 6.0 and 7.0 percent, having previously guided for the margin to hit that range.
Group revenue may exceed last year’s €217.3 billion by more than 4 percent, VW said, keeping its previous guidance. Nine-month revenue was up 6.8 percent to €170.9 billion
Source:Arabnews
- Friday ,29 September GMT 18:32 2017 VW takes new €2.5 billion hit for modifying diesel vehicles in US
GMT 18:32 2017 Friday ,29 September
VW takes new €2.5 billion hit for modifying diesel vehicles in USGMT 11:09 2017 Friday ,10 February
Renault boasts record year, despite diesel allegationsGMT 17:43 2016 Tuesday ,06 December
VW’s new division takes aim at Uber-style competitionGMT 17:52 2016 Wednesday ,23 November
After dieselgate, Volkswagen goes electricGMT 15:19 2016 Monday ,21 November
Volkswagen CEO sees case for building own battery factory
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 07:10 2017 Tuesday ,28 November
Sudan and Russian sign nuclear agreement
GMT 06:22 2018 Friday ,19 January
To develop oil fields retaken from Kurds
GMT 09:14 2017 Thursday ,05 October
Sahar Al Sayegh happy for honoring in festival
GMT 16:09 2017 Thursday ,31 August
Pakistan dismisses U.S. military commanderGMT 10:35 2012 Tuesday ,31 July
Silkor reinforces presence in Lebanon
GMT 07:04 2017 Saturday ,15 April
FVP Meets Speaker of Bahrain House of Representatives
GMT 12:23 2017 Thursday ,20 April
Premier congratulated by Foreign Minister
GMT 18:01 2017 Saturday ,22 April
HH the Emir Sends Cable of Condolences to the Custodian of the Two Holy Mosques
GMT 19:12 2017 Tuesday ,10 October
Taiwan to bolster military but still seeks peace: president
GMT 10:07 2017 Tuesday ,29 August
Hamilton fears Ferrari consistency
GMT 06:33 2016 Sunday ,27 November
New York Fashion Week
GMT 09:11 2017 Thursday ,10 August
Qatar offers visa-free entry to 80 nationalities
GMT 08:07 2017 Wednesday ,08 November
Syria to join Paris climate pact, leaving US only nation left out
GMT 09:04 2017 Friday ,17 November
Assembly Speaker Meets Indonesian Ambassador
GMT 12:52 2017 Saturday ,22 April
Wenger in Wembley spotlight as Arsenal face City test
GMT 10:46 2017 Sunday ,17 December
Artificial intelligence finds solar system
GMT 05:57 2017 Monday ,04 December
Iran inaugurates new Indian Ocean port
GMT 10:37 2017 Monday ,04 December
Saudi Shoura member underlines need for programs to prepare graduates for labor marketGMT 17:46 2011 Friday ,05 August
Opponents: Zambian president can\'t runGMT 16:01 2012 Thursday ,04 October
Yemen\'s Shaema, Aziz reign supreme
GMT 08:19 2017 Thursday ,02 February
Actor Duraid Lahham: All offer are “superficial”
GMT 16:41 2017 Sunday ,29 October
Iraq prepares to attack Al-Qaim after destroying ISIS defensesGMT 11:13 2012 Thursday ,22 March
Samsung Series 9 laptop review
GMT 18:27 2016 Friday ,23 December
China launches satellite to monitor global carbon emissionsGMT 12:03 2011 Monday ,19 December
Golfer Pagunsan named players\' player of the yearGMT 06:21 2012 Wednesday ,02 May
The \'Manhunt\' to capture Osama Bin Laden
GMT 09:16 2012 Saturday ,02 June
Dispensing with Bashar's servicesGMT 23:22 2011 Thursday ,12 May
One Royal Edinburgh
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
