SE’s group profit for 2014 expected to reach 3.0 billion euro
Final figures will be presented on 17 March 2015
Stuttgart, 27 February 2015. , Stuttgart ( SE), expects to report group profit for the fiscal year 2014 of 3.0 billion euro, thus exceeding its previous expectations. This development is mainly due to the significantly higher profit of SE from the investment in Volkswagen AG accounted for at equity, which is expected to reach 3.4 billion euro. Until now, profit from the investment accounted for at equity of between 2.3 billion euro and 2.8 billion euro and profit for the year in the range from 2.2 billion euro to 2.7 billion euro had been expected for the fiscal year 2014.
SE will present its final figures for the fiscal year 2014 on Tuesday, 17 March 2015. All figures in this press release are provisional and have not been audited.