Audi cars: Best sales result in corporate history
A total of 1,092,411 Audi brand automobiles delivered during the 2010 fiscal year; €35.4 billion in revenue, €3.34 billion operating profit; operating return on sales of 9.4 percent.
The Audi Group has concluded the 2010 fiscal year with a record result. “The operating profit of €3.34 billion shows how profitable Audi is. We are growing not only in China, but in many regions around the world. The Audi brand has outpaced the growth of the overall market, especially in the United States,” said Rupert Stadler, Chairman of the Board of Management of AUDI AG. “We’ve started the year off well and we’re targeting more than 1.2 million deliveries to customers for the total year,” Stadler said.
For Audi, 2010 was the best year for sales in the Company’s history. Deliveries of Audi brand automobiles on worldwide markets rose last year by 15 percent to 1,092,411. Revenue rose during the 2010 financial year by a disproportionately high rate to €35,441 million (29,840 million)* – an increase of 18.8 percent.
The Audi Group significantly increased its operating profit by 108.2 percent to €3,340 million (1,604 million). The profit before tax, at €3,634 million (1,928 million) was 88.5 percent above that of the previous year. Profit after tax rose by 95.2 percent to €2,630 million (1,347 million).
The Company increased its operating return on sales to 9.4 percent (5.4 percent). Return on investment also reached a new peak, at 24.7 percent (11.5 percent).
Net liquidity increased by 25.5 percent to €13,383 million (10,665 million).
The successful performance of the Audi Group was particularly due to a multitude of new product launches in the past year: the new models range, among others, from the flagship A8 to the A7 Sportback and the Audi A1 – the first Audi premium car in the subcompact segment.
“These new record levels for all key financial indicators underscore the high competitiveness of the Audi brand,” said Axel Strotbek, Board Member for Finance and Organization at AUDI AG.
Source Audi
