UPDATE:Volkswagen AG 1Q 2016 - Forecast
May 29 2016 - 11:36AM
Dow Jones News
New: Evercore ISI restated his estimates for group operating
profit,the brand Skoda und the EPS.
FRANKFURT--The following is a summary of analysts' forecasts for
Volkswagen AG (VOW.XE) first-quarter results, based on a poll of 10
analysts conducted by Dow Jones Newswires (figures in million
euros, EPS pref. share, dividend and target price in euro,
according to IFRS). Earnings figures are scheduled to be released
May 31.
===
Operat. Net
Operat. Profit attrib. EPS
1st Quarter Sales Profit adj. EBT profit basic
AVERAGE 51,738 2,728 2,717 3,279 2,449 4.81
Prev. Year 52,735 3,328 3,328 3,968 2,887 5.80
+/- in % -1.9 -18 -18 -17 -15 -17
MEDIAN 51,680 2,676 2,699 3,163 2,373 4.80
Maximum 53,921 3,113 2,813 3,771 3,021 6.01
Minimum 50,542 2,570 2,623 2,795 1,976 3.95
Amount (a) 10 8 5 5 6 8
Commerzbank 52,200 2,780 -- -- -- 4.94
DZ Bank 51,768 2,638 2,638 3,771 3,021 6.01
Evercore ISI 51,423 2,653 -- -- -- 4.97
Exane BNP Pari. 50,542 3,113 2,813 3,163 2,285 4.56
Independent Res. 50,690 -- 2,810 -- 2,430 --
Kepler Cheuvreux 51,864 2,774 -- -- -- --
LBBW 51,670 2,570 -- 3,070 2,315 4.66
Warburg Research 51,616 2,699 2,699 3,596 2,664 5.35
Operating profit:
VW Commercial
1st Quarter Auto Audi Porsche Skoda SEAT vehicles
AVERAGE 149 1,228 825 212 9.0 107
Prev. Year 514 1,422 765 242 33 165
+/- in % -71 -14 +7.8 -12 -73 -35
MEDIAN 135 1,207 830 215 4.0 110
Maximum 263 1,362 854 250 44 135
Minimum 46 1,126 777 160 -15 85
Amount (a) 6 7 7 7 7 7
Evercore ISI 263 1,126 850 212 4.0 96
Exane BNP Paribas 117 1,291 854 209 21 119
Kepler Cheuvreux 130 1,210 800 250 30 110
LBBW 200 1,200 830 220 -10 90
Warburg Research 139 1,362 827 220 -15 85
Financial
1st Quarter MAN Services
AVERAGE 74 435
Prev. Year 34 403
+/- in % +118 +8.0
MEDIAN 79 448
Maximum 127 485
Minimum 20 370
Amount (a) 6 7
Evercore ISI 127 401
Exane BNP Paribas 62 370
Kepler Cheuvreux 20 420
LBBW 100 450
Warburg Research 40 485
Target price Rating DPS 2016
AVERAGE 158.00 positive 6 AVERAGE 2.12
Prev. Quarter 133.50 neutral 3 Prev. Year 0.17
+/- in % +18 negative 1 +/- in % --
MEDIAN 160.50 MEDIAN 2.06
Maximum 200.00 Maximum 3.30
Minimum 110.00 Minimum 1.06
Amount 10 Amount 4
Citi 162.00 Buy --
Commerzbank 137.00 Hold --
Evercore ISI 200.00 Buy --
Exane BNP Paribas 157.00 Outperform --
Independent Research 110.00 Sell 3.30
JP Morgan 168.00 Neutral --
Kepler Cheuvreux 160.00 Buy --
LBBW 161.00 Buy 2.06
Warburg Research 150.00 Hold 2.06
UBS 175.00 Buy 1.06
===
Year-earlier figures are as reported by the company.
(a) Including estimates from analysts who want to remain
anonymous.
DJG/voi
(END) Dow Jones Newswires
May 29, 2016 12:21 ET (16:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.