January through March: 412,846 deliveries of the Audi brand (a plus of 11.
7 percent), € 12,951 million in revenue (a plus of 10.4 percent)
Chief Financial Officer Axel Strotbek: “Despite high up-front spending in the first quarter, an operating profit of € 1,314 million generated”
Audi continues to recruit: around 2,000 experts and 750 apprentices in 2014
The Audi Group is again on track for success in the new fiscal year: With over 412,000 deliveries of the Audi brand, the company has enjoyed its best first quarter ever. In the first three months of the current fiscal year, the Ingolstadt carmaker generated revenue of € 12,951 million and an operating profit of € 1,314 million. The operating return on sales reached 10.1 percent.
“Despite high up-front spending on new products and technologies and the expansion of our international production network, we have generated an operating profit of € 1,314 million in the first quarter,” declared Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization. He explained that the operating return on sales of 10.1 (2013: 11.1) percent is again just above the strategic target corridor of eight to ten percent, supplying further evidence of the company’s high profitability.
Audi is moreover planning for growth in 2014 as a whole. The brand with the four rings will be introducing 17 new models and derivative versions into the market this year: The S3 Sedan and the A3 Cabriolet* are already in the showrooms. The new Audi A3 Sportback g-tron* and the fuel Audi e-gas mean customers can already drive in a largely CO2-neutral way. At the Geneva Motor Show in early March, the company also gave the S1* and S1 Sportback* models their first public showing. In addition, the third generation of the sporty design icon Audi TT* enjoyed its world premiere at Geneva. The Audi TT will provide an extra boost to growth in the current fiscal year.