VW proposes 35% dividend increase as 2019 profit surges 22%
28/02/2020 16:21 RSF
FRANKFURT, Feb 28 (Reuters) - Volkswagen (
VOW3.EQ) said its full-year operating profit rose 22% to 17 billion euros ($18.5 bln) thanks to strong sales of higher-margin cars including sports utility vehicles and said sales in 2020 would be in line with the previous year.
Volkswagen also said it will propose a dividend of 6.50 euros per ordinary share, up from 4.80 euros in the year-earlier period.