Volkswagen Ag Unsp/Adr (VWAGY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. A warm welcome to the half-year 2026 results call of Volkswagen Group. This is a joint call for both the media as well as investors and analysts, moderated by Ralf Woller, our head of Group Treasury and AR, and myself, Sebastian Rudolph. With us today are Oliver Blume, our CEO of Volkswagen Group, and Arno Antlitz, our CFO and COO of Volkswagen Group. A few remarks before we start. You should have received the press release, the interim financial report and all other related materials which were published this morning. If you do not have them yet, you can find all documents on our website or just drop us an email. Now, let me hand over to Ralf, the floor is yours. Thank you, Sebastian. Good morning to everyone on the call. Thank you for joining us today. Let's have a look at our agenda. Oliver will start with the key developments of the first half year and Arno will then take you through the half year financial results and the full year outlook for 2026. And I will hand it back to Olli, who will guide you through the current status of the Group Target Picture 2030. Following their presentations, we will first host a Q&A session for the investor and analyst community, which will be hosted by myself. And after this session and a short break, we will continue with the media Q&A moderated by Sebastian. Since our call will include forward-looking statements, the safe harbor language and other cautionary statements on the slide you should currently see on the screen will govern today's presentation. As usual, I encourage you to read the disclaimer carefully as all forward-looking statements are qualified by this language. In the interest of time, I will not read it out loud. Thank you Ralf and good morning and also a warm welcome to everyone on this...