Year gets off to a strong start for Skoda with profit and sales on the up

Time 10:33 am, June 3, 2016

SKODA’S deliveries, sales revenue and operating profit all increased over the first three months of this year.

In fact, the first quarter of 2016 was Skoda’s strongest start to a year ever, with sales increasing 4.3 per cent to 276,600 vehicles.

Sales revenue increased by 6.4 per cent in the same period to £2.6bn while operating profit rose 30.2 per cent to £243m.

CEO Bernhard Maier said: ‘Skoda has made an excellent start to the year.

‘We have seamlessly continued the success of last year into the first quarter of 2016. We owe this especially to our strong model range, with the new Skoda Superb as an additional driving force, our highly motivated workforce and our commercial partners in the markets.

‘The encouraging sales figures and strong financial results of the first quarter provide a solid foundation for further profitable growth. Our next model campaign begins with the upcoming launch of the new Skoda Kodiaq.’

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Dave Brown's avatar

Dave, production editor on Car Dealer Magazine, is a journalist with more than 30 years' experience in the worlds of newspapers, magazines and public relations.

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