(Adds shares, details)
FRANKFURT, March 3 (Reuters) - Volkswagen ,
Europe's largest carmaker, expects revenues and vehicle
deliveries to rise in 2023, it said on Friday, citing a strong
order backlog and the easing of chip shortages and supply chain
issues.
Shares in the company rose 7% to the top of Frankfurt's
benchmark DAX index on the news.
Vehicle deliveries are expected to rise to around 9.5
million in 2023, the company said, up from 8.26 million last
year. Sales are forecast to grow by 10-15%, indicating 2023
sales of 307 billion to 331 billion euros ($326-$352 billion).
According to Refinitiv estimates, 2023 sales are seen at
280 billion euros.
Dividends are to increase by 1.20 euros per share,
rising to 8.70 euros per ordinary share and to 8.76 euros per
preferred share.
"We expect the supply chain bottlenecks to gradually
ease in the current year, allowing us to service the high order
backlog," Volkswagen's finance chief Arno Antlitz said in a
statement.
($1 = 0.9414 euros)
(Reporting by Christoph Steitz
Editing by Miranda Murray)
