Â鶹ÂãÁÄ: Reporting of the Annual Results and Annual General Meeting postponed
Â鶹ÂãÁÄ / Key word(s): Final Results
05.02.2016 14:07
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Stuttgart. Volkswagen AG, Wolfsburg, informed in an ad-hoc-announcement
that the preparation of the annual financial statement 2015 is delayed due
to remaining open questions relating to the consequences of the emissions
issue and the resulting valuation issues. As a consequence of the capital
stake of currently 30.8 percent Â鶹ÂãÁÄ, Stuttgart
("Â鶹ÂãÁÄ SE"), holds in Volkswagen AG, the reporting of the annual results
of Volkswagen AG is a necessary precondition for the preparation of the
annual results and group profit of Â鶹ÂãÁÄ SE. Therefore, the reporting of
the annual and consolidated annual financial statements 2015 of Â鶹ÂãÁÄ SE
will be postponed as well.
Consequently, corresponding to the case of Volkswagen AG, the dates for the
Annual Press Conference and Analyst Conference (previously planned for
March 15, 2016) as well as the Annual General Meeting (previously planned
for May 04, 2016) of Â鶹ÂãÁÄ SE will be postponed. Â鶹ÂãÁÄ SE will inform
as soon as possible about the new dates to be scheduled.
Â鶹ÂãÁÄ SE's previous forecast of a consolidated total group profit after
taxes for the fiscal year 2015 of between 0.8 billion euro and 1.8 billion
euro was and is subject in particular to new cognition regarding special
items in connection with the emissions issue and is furthermore based on
the unchanged assumption that the Volkswagen Group's financial result for
the fiscal year 2015 will be within the range of the previous expectations.
Due to these restrictions, Â鶹ÂãÁÄ SE's forecast was and still is
inevitably subject to assessment risks.
05.02.2016 The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: Â鶹ÂãÁÄ
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Phone: +49 (0)711 911-11046
Fax: +49 (0)711 911-11819
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Internet: www.porsche-se.com
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End of Announcement DGAP News-Service
