Volkswagen Signals New Write-Off, But Cash Conversion is Improving -- Market Talk

Dow Jones04-15 20:46

1246 GMT - Volkswagen used an analyst call ahead of its first-quarter report to disclose another one-off charge, but critically, also confirmed underlying improvements in cash conversion, Jefferies analysts write. Volkswagen confirmed an end to production of the ID.4 model in the U.S. and framed the write-off as a function of the initial 800 million euro investment, Jefferies says. The bank understands the write-off to be 500 million-600 million euros, but expects the full-year impact could be mitigated over this year, in part as the loss-making U.S.-made ID.4s are discontinued. Jefferies reduces its first-quarter reported EBIT estimate by 20%, mostly on the ID.4 charge, but keeps its adjusted margin estimate at 4.3%. Shares rise 0.6% to 92.85 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

April 15, 2026 08:46 ET (12:46 GMT)

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(dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2026 08:46 ET (12:46 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627282510","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627282510","pubTimestamp":1776257160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1246 GMT - Volkswagen used an analyst call ahead of its first-quarter report to disclose another one-off charge, but critically, also confirmed underlying improvements in cash conversion, Jefferies analysts write. 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