Audi’s profits: €2.9bn

Time 9:40 am, August 1, 2012

GERMAN marque Audi has posted an operating profit of €2.9bn (£2.2bn)in the first six months of this year.

Audi said the headline operating figure was ‘yet another chapter to its success story in the first half of the year, despite weaker economic growth and the contraction of many car markets.’

The firm also posted revenue figures of €25bn (£19.6bn) and an 11.5 per cent operating return on sales.

Audi’s Axel Strotbek said: ‘The high demand in the first half is a testament to the success of our model strategy.’

The company delivered 733,237 vehicles to customers, an increase of 12.3 per cent on the first six months of 2011. Demand was especially high for the new Audi Q3 as well as for the Q5, A6, A7 and A8 models.

Following the healthy first-half business performance, the Audi Group says it plans to deliver more than 1.4 m cars in 2012 as a whole.

James Batchelor's avatar

James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer. In October 2021 he became Car Dealer's associate editor.

More stories...

Server 51