India, Sept. 18 -- Volkswagen AG (VOW.BE,VLKAF.PK,VKW.L,VOW.DE) lowered its outlook for fiscal 2026, citing a goodwill impairment related to Porsche AG, a challenging market environment, particularly in China, and additional restructuring expenses.
VOW.DE closed Friday's regular trading at EUR 76.15 down EUR 6.90 or 8.31%.
The automaker now expects group sales revenue of around 315 billion euros in 2026, roughly in line with the midpoint of its previous forecast range of a 3% decline to flat growth from 2025 revenue of 321.9 billion euros.
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