Stuttgart, 22 January 2021. The group result after tax of °µÍø½ûÇø, Stuttgart (°µÍø½ûÇø SE), for the fiscal year 2020 will presumably be significantly positive, given the fact that Volkswagen AG, Wolfsburg, has announced it expects an operating result before special items related to diesel of around Euro 10 billion.
As a consequence of the capital stake of about 31.4 percent which °µÍø½ûÇø SE holds in Volkswagen AG, the group result after tax of °µÍø½ûÇø SE group is significantly influenced by the at equity result attributable to °µÍø½ûÇø SE and, thus by the group result after tax at the level of Volkswagen group.
The group result after tax of °µÍø½ûÇø SE is thus also influenced by additional effects different from the operating result e.g. the financial result at the level of the Volkswagen group. Currently °µÍø½ûÇø SE does not have information for the total fiscal year 2020 regarding such other effects.
Thus a quantitative guidance regarding the group result after tax for °µÍø½ûÇø SE is currently not yet possible.