FRANKFURT – Volkswagen reported a first-half operating profit of roughly 11 billion euros (US$13 billion) on Friday, citing a robust recovery in demand following the impact of the coronavirus pandemic. According to preliminary estimates for the first six months, reported automotive net cash flow was around 10 billion euros, according to the group.
On July 29, Volkswagen will release its second-quarter earnings.
(Christoph Steitz contributed reporting, and Thomas Escritt edited the piece.)
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