Wednesday, April 29, 2020

Volkswagen Q1 Hurt By Covid-19 Impact; Sees Profit In FY20; Stock Up

Shares of Volkswagen Group were gaining around 3 percent in German trading after the automaker said it expects a profit in fiscal 2020, despite being severely hit by Covid-19 pandemic. The company's first-quarter results were substantially lower than the prior year as demand plunged amid the coronavirus-related lockdowns across the world.

from RTT - Earnings https://ift.tt/3aN1DJJ
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