1145 GMT - Volkswagen's third-quarter results look weak, but not as much as feared after the German auto giant issued a profit warning in September, Morgan Stanley analysts say in a research note. Its margins fell less than expected and cash flow was higher than anticipated, according to Morgan Stanley. The group keeps losing market share, but its guidance is maintained, the analysts say. The company expects flat revenue, an operating profit margin of 2% to 3% and a net cash flow around zero, but sees chances to reach the upper half of the range and maybe even a positive cash flow, Morgan Stanley says. Shares fall 1.1%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
October 30, 2025 07:45 ET (11:45 GMT)
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