Volkswagen AG (VWA:CA) Q2 2026 Earnings Call Transcript

Volkswagen AG ( VWA:CA ) Q2 2026 Earnings Call July 24, 2026 3:00 AM EDT Company Participants Sebastian Rudolph Rolf Woller - Head of Group Treasury & Investor Relations Oliver Blume - CEO & Chairman of the Board of Management Arno Antlitz - CFO, COO & Member of the Board of Management Conference Call Participants Tim Rokossa - Deutsche Bank AG, Research Division Horst Schneider - BofA Securities, Research Division Jose Asumendi - JPMorgan Chase & Co, Research Division Patrick Hummel - UBS Investment Bank, Research Division Michael Tyndall - HSBC Global Investment Research Stephen Reitman - Bernstein Institutional Services LLC, Research Division Christian Frenes - Goldman Sachs Group, Inc., Research Division Christina Amann Sebastien Ash Christian Müßgens Lazar Backovic Stephen Wilmot Lutz Meier Presentation Operator Good morning, and thank you for standing by. Welcome to the Volkswagen Group H1 2026 Results Conference Call. We will first take questions from investors and analysts, after a short break, followed by a separate Q&A session for members of the media. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Dr. Sebastian Rudolph, Vice President, Global Group Communications, Volkswagen AG. Please go ahead. Sebastian Rudolph Thank you, and good morning, everyone. A warm welcome to the half year 2026 results call of Volkswagen Group. This is a joint call for both the media as well as investors and analysts, moderated by Rolf Woller, our Head of Group Treasury and IR; and myself, Sebastian Rudolph. With us today are Oliver Blume, our CEO of Volkswagen Group; and Arno Antlitz, our CFO and COO of Volkswagen Group. A few remarks before we start. You should have received the press release, the interim financial report and all other related materials, which were published this morning. If you do not have them yet, you can find all documents on