ŠKODA AUTO’s sales revenue, deliveries and operating profit increase once again

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Mladá Boleslav, 27 April 2018 – ŠKODA #auto continues its growth course. Never before has the Czech traditional brand achieved such a strong result in terms of sales revenue, deliveries and operating profit between January and March. The manufacturer delivered 316,700 vehicles worldwide (+ 11.7%). Operating profit increased by 5.3% to 437 million euros in the same period, while sales revenue increased by 4.9% to 4.5 billion euros. "We have set the right course with Strategy 2025, and the quarterly sales revenue, deliveries and operating profit demonstrate that we are growing profitably and sustainably," says ŠKODA #auto CEO Bernhard Maier, adding: "Due to the consistently high demand for our vehicles, we are working hard to expand our production capacities." In the first quarter of 2018, ŠKODA AUTO's sales revenue increased by 4.9% to 4.547 billion euros (first quarter of 2017: 4.334 billion euros). Operating profit increased by 5.3% to 437 million euros (first quarter of 2017: 415 million euros); the return on sales currently stands at 9.6%. “ŠKODA #auto achieved another record quarterly result despite the demanding and challenging market environment. Positive volume and mix effects are the basis for the increased profitability,” says ŠKODA CFO Klaus-Dieter Schürmann. "Thanks to an attractive model mix, increased demand for our KODIAQ and KAROQ models and optimised product costs, we have been able to seamlessly continue our profitable growth from last year. Consistent cost and efficiency management will continue to be a high priority at ŠKODA #auto.” In addition to the bestselling ŠKODA OCTAVIA, the SUV models KODIAQ and KAROQ were among the growth drivers. From January to March 2018, the Czech carmaker delivered a total of 105,700 OCTAVIAs to customers worldwide, 2.6% more than in the same period of the previous year. Sales of the large SUV ŠKODA KODIAQ increased by more than 500% to 38,100 units in the first quarter. The ŠKODA KAROQ, which was launched last autumn, is also contributing to the positive sales development. ŠKODA #auto delivered 17,100 units of the compact SUV between January and March. The second-strongest model after the global bestseller ŠKODA OCTAVIA is the compact ŠKODA FABIA. Its sales figures of 54,600 deliveries in the first quarter remain at the previous year's level.

Further information in the press release to download

- Fotogallery (1)

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- Documenti (4)

180427-ŠKODA-AUTO-Key-figures-January-to-March-2018-2017

37KB

180427 Tiskova zprava

509KB

180427 Presseinformation

510KB

Press release

506KB

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