© Reuters. FILE PHOTO: View of the depot tower of German carmaker Volkswagen’s electric ID.3 car in Dresden, Germany, June 8, 2021. Picture taken with a fish eye lens. REUTERS/Matthias Rietschel
FRANKFURT (Reuters) – Volkswagen (ETR:), Europe’s top carmaker, on Wednesday stuck to its outlook for the current year, citing strong first-quarter results and an improvement in chip supply expected for the second half of the year.
The group expects sales to rise 8%-13% and an operating profit margin of 7.0%-8.5% in 2022.
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