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DGAP-Ad hoc: Volkswagen AG <VOW> english - 500 Beiträge pro Seite



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DGAP-Ad hoc: Volkswagen AG <VOW> english

Satisfactory half-year result despite difficult conditions

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement.

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Satisfactory half-year result despite difficult conditions

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January-June 2002 2001 +/- (%)

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Volkswagen Group Deliveries to customers ´000 units 2,514 2,658 - 5.4 Unit sales ´000 units 2,495 2,723 - 8.4 Production ´000 units 2,551 2,770 - 7.9 Sales revenue million EUR 44,060 45,498 - 3.2 Operating profit million EUR 2,532 2,638 - 4.0 Profit before tax million EUR 2,263 2,360 - 4.1 Profit after tax million EUR 1,403 1,454 - 3.5 Earnings per ordinary share (undiluted) EUR 3.64 3.84 - 5.2

Automotive Division Cash flows from investing activities million EUR 3,997 3,442 + 16.1 Cash flows from operating activities million EUR 4,690 3,740 + 25.4

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The Volkswagen Group currently expects to achieve a profit before tax of around 4 billion Euro in 2002 with sales volumes of just under 5 million units.

Wolfsburg, July 30, 2002 VOLKSWAGEN AKTIENGESELLSCHAFT The Board of Management

The full interim report is available at " http://www.volkswagen-ir.de ".

end of ad-hoc-announcement (c)DGAP 30.07.2002

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WKN: 766 400; ISIN: DE0007664005; Index: DAX, Euro Stoxx 50 Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; EUREX; Amsterdam, Antwerpen, Brüssel, London, Luxemburg, Paris, Schweizer Börse (Hauptsegment), Wien, Tokio, Madrid, Barcelona, Bilbao, Valencia und Mailand.

Autor: DGAP import (),08:29 30.07.2002



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