Volkswagen Group made a net profit of EUR -1,485 mil with revenues of EUR 41,076 mil in 2Q2020, down by 136% and down by 37%, respectively, compared to the previous year. This translates into a net margin of -3.62%.
On the operating level, EBITDA reached EUR 4,272 mil, down 61.8% compared to the previous year. Over the last five years, the company's EBITDA has fallen 11.9% a year on average.
The company generated cash, defined by a sum of net profit and depreciation, of EUR 3,863 mil or 9.40% of sales. When investments are excluded, free cash flow reached EUR 1,976 mil, or 4.81% of sales in 2Q2020.
In the last five years, the company generated free cash flow of EUR -53,124 mil. That compares to a cumulative net profit of EUR 34,692 mil in the same period.
|Net Profit||Unit||Sep 2018||Dec 2018||Mar 2019||Jun 2019||Sep 2019||Dec 2019||Mar 2020||Jun 2020|
|Audi Group||EUR mil||535||970||980||950||950||...||...|
|BMW Group||EUR mil||1,303||561||1,454||1,521||1,379||...|
|Daimler Group||EUR mil||1,561||2,095||-1,328||1,719||-109||...|
|Porsche AG||EUR mil||785||689||697||705||705||...||...|
|Volkswagen Group||EUR mil||2,771||3,046||4,098||3,925||2,817|