Volkswagen Says Aims To Become More Efficient And More Profitable, Announces Implementation Of 6.5% Return On Sales To Safeguard Future Investments And Employment
Portfolio Pulse from Benzinga Newsdesk
Volkswagen announces its aim to become more efficient and profitable, targeting a 6.5% return on sales to safeguard future investments and employment.
June 14, 2023 | 12:21 pm
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Volkswagen's new target of a 6.5% return on sales may lead to increased efficiency, profitability, and secure future investments and employment.
Volkswagen's announcement of a 6.5% return on sales target indicates the company's focus on improving efficiency and profitability. This may lead to increased investor confidence and a positive impact on the stock price in the short term. The safeguarding of future investments and employment also adds to the company's long-term stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100