Volkswagen: Audi and Porsche affect the margins

In the first quarter, Volkswagen may miss the marks it had targeted for the year. The group expects a margin of 7.0 percent to 7.5 percent in 2024. Audi figures in particular are likely to put pressure on margins. But the beginning of the year did not go well at Porsche either.

Analysts at Deutsche Bank confirm their buy recommendation on Volkswagen shares ahead of quarterly figures. The price target is still 180.00 euros.

Volkswagen will publish its quarterly figures on April 30.

Analysts think that the situation will improve over the year. So Volkswagen is likely to stick to its predictions.

Shares of Volkswagen (WKN: 766403, ISIN: DE0007664039, Charts, News) fell 1.4 percent to 121.55 euros. In the last twelve months, the car segment experienced an increase of 12 percent.

Note about conflict of interest: The author or other people from the editorial team of 4investors have direct positions in financial instruments / derivatives on the financial instruments of companies that are discussed in this article and their prices may be affected by reporting: Volkswagen ( VW) Vz..

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