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Wolfsburg (dpa) - Volkswagen presented the details of its final balance for 2020 this morning (9 a.m.).
From the key data, it is already known that the world's second-largest car company after Toyota also closed the difficult Corona year with profits of billions - the twelve-brand group succeeded in more than compensating for the slump in the second quarter.
Above all, business picked up again towards the end of the year.
Further information from the individual offshoots such as the core brand VW Pkw, Audi or Porsche is expected.
The remuneration report with the salaries of the Board of Management should also generate interest.
And the management around CEO Herbert Diess could give another outlook for the current year.
After taxes, VW had a total of around 8.8 billion euros in the cash register.
If you take the year before the pandemic as a benchmark, however, the setback becomes clear: In 2019, the group had achieved an after-tax result of a good 14 billion euros.
There were also noticeable losses in almost all of the other indicators.
© dpa-infocom, dpa: 210315-99-834248 / 2