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 06:29 2018 Sunday ,21 January
500 new trainees join US-backed Syria border force
GMT 07:42 2017 Wednesday ,01 November
Myanmar blames Bangladesh for delaying Rohingya repatriation
GMT 10:31 2017 Sunday ,20 August
the history of solar eclipses
GMT 16:36 2017 Tuesday ,05 December
Gulf Air launches Bahrain Tourist Visa ServiceGMT 03:19 2012 Saturday ,15 September
FREEDOM
GMT 06:56 2014 Friday ,12 September
No winners in Gaza
GMT 08:33 2016 Wednesday ,24 August
Hasakeh: A strategic prize for Syria's regime and Kurds
GMT 15:32 2017 Tuesday ,07 February
Taiwan to build 66 jet trainer aircraft by 2026 to bolster defencesGMT 22:30 2012 Monday ,16 July
Sudan ruling party says protests \'ridiculous\'GMT 07:09 2012 Wednesday ,20 June
Sudan and South Sudan border tensionsGMT 12:02 2012 Tuesday ,17 April
What the Living Do
GMT 17:33 2017 Saturday ,25 March
Caceres recalled to Paraguay squad for Brazil clash
GMT 09:02 2017 Monday ,24 April
Ghandour Meets Director of Bilateral Relations in Cuban Foreign Ministry
GMT 09:49 2017 Monday ,20 March
S.Korea's Lotte family owners go on trial for graft
GMT 17:18 2017 Tuesday ,19 December
Bahrain weather forecast
GMT 09:35 2017 Sunday ,29 October
Actress Annabella Sciorra accuses Weinstein of rape
GMT 13:43 2017 Thursday ,16 November
People Magazine names Blake Shelton 'sexiest man alive'
GMT 18:10 2017 Monday ,17 April
GCC Secretary-General Condemns Syria Blast
GMT 13:15 2017 Wednesday ,15 February
Inherited the talent to draw on glass
GMT 14:35 2017 Saturday ,25 March
Dar Essalam to Host Two Golf Competitions
GMT 07:49 2017 Friday ,10 November
Jordan's King discusses cooperation with Toshiba executives
GMT 07:22 2016 Saturday ,09 July
Gunfire near presidential palace in South Sudan
GMT 07:50 2017 Monday ,20 March
Israeli army carries out military drills in the Negev
GMT 10:42 2017 Wednesday ,16 August
Chinese teen Internet addict dies
GMT 13:51 2017 Thursday ,21 September
King Salman meets with former Turkish president
GMT 09:31 2017 Wednesday ,29 March
NPRA holds training course
GMT 08:18 2017 Thursday ,14 December
Twitter makes 'tweetstorms' easier
GMT 17:19 2012 Thursday ,12 January
New electric-car racing championships
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
