VOW transformation plan approved: 8%-10% margin, EUR 31bn profit target
VOW says a comprehensive transformation plan has been approved, targeting an 8%-10% margin and EUR 31 billion operating profit by 2030, with a streamlined product portfolio and workforce reductions.
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08:26:14 PM UTC
SquawkNews
A comprehensive transformation plan to 2030 was unanimously approved, targeting an 8%-10% margin, €31 billion operating profit, and €135 billion in investments. Key measures include a 50% reduction in product portfolio, 50,000 workforce cuts, and a focus on regional growth and operational efficienc…
A comprehensive transformation plan has been approved, targeting an 8%-10% margin and EUR 31 billion operating profit by 2030, with a streamlined product portfolio, significant workforce reductions, and disciplined investment.
Regional strategies focus on Europe, China, and North America, while rob…