Volkswagen AG (VWAGY) Q3 2024 Earnings Call Transcript

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Q3: 2024-10-30 Earnings Summary

EPS of $0.26 misses by $0.50
 | Revenue of $85.23B (2.39% Y/Y) beats by $3.21B

Volkswagen AG (OTCPK:VWAGY) Q3 2024 Earnings Conference Call October 30, 2024 4:00 AM ET

Company Participants

Pietro Zollino - Head of Corporate Communications & Deputy Head of Group Communications
Rolf Woller - Head of Group Treasury & Investor Relations
Arno Antlitz - CFO and COO

Conference Call Participants

Jose Asumendi - JPMorgan
Patrick Hummel - UBS
Tim Rokossa - Deutsche Bank
Horst Schneider - Bank of America Securities
Henning Cosman - Barclays
Tom Narayan - RBC Capital Markets
Stephen Reitman - Bernstein
Michael Tyndall - HSBC
Daniel Schwarz - Stifel
Michael Punzet - DZ Bank
George Galliers - Goldman Sachs

Operator

Ladies and gentlemen, welcome to the Volkswagen AG Investor Analyst and Media Call 9 Months 2024. I am George, the Chorus Call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by Q&A session. [Operator Instructions]

The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Pietro Zollino. Please go ahead.

Pietro Zollino

Good morning, everyone, and a warm welcome to the 9 months 2024 results of Volkswagen Group. Is, as usual, is a joint call for both media as well as investors and analysts, which is moderated by Rolf Woller, our Head of Treasury and Investor Relations; and myself, Pietro Zollino, I'm heading Corporate Communications here at Volkswagen Group.

With us today is Arno Antlitz, CFO and COO of Volkswagen Group. Let me provide a few remarks before we start. By now, you should have received all materials, including the press release, the interim financial report and the presentation, all of which were published this morning. If you do not have them yet, you can find all the documents on our corporate website.

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