Volkswagen: high of 3 percent in revenue in 2014, but in uncertain scenario

The vehicle manufacturer Volkswagen announced on Thursday cautious projections for 2014, in conjunction with its annual consolidated balance sheet. The automaker expects growth near 3% on your net revenue during the year, but warns that the estimate will depend on how the economic environment will behave in the period.
Jens Meyer/AP
The good news brought by the company is that the year began well. Were sold 1.5 million passenger cars and light vehicles in the first two months of 2014, which meant an increase of 4.7% against the first quarter last year. Martin Winterkorn, Chairman of the Board of the company, there are great chances of the goal of 10 million deliveries be beat by the end of the year.
For 2014, VW also predicts that its operating margin will be within the range of 5.5% to 6.5%, in line with the presented in 2013. The rationale for this projection is the uncertain economic scenario and the German said "never was content to achieve the minimum".
Despite the deteriorated business environment, the group plans to launch more than 100 cars this year, including new models, successors of ancient versions and improvements. Winterkorn, however, stated that the expectation for sales around the world is a "moderate increase".
Conservative estimates, however, do not scare the market. Earlier, shares of the automaker rose 3.82 percent on the Frankfurt Stock Exchange, quoted at 187.35 euros.
The annual balance sheet audited VW confirmed that the net profit attributable to shareholders fell 58.3% in 2013, to 9 billion euros, mainly due to the stronger base of comparison. Net revenue, however, climbed 2.2 percent and ended at 197 billion euros.