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› Record-breaking quarter: 265,100 ŠKODA deliveries (up 7.2%)
› Sales revenue: €3.2 billion (up 6.3%)
› Operating profit: €242 million (up 30.9%)
› New era: New ŠKODA Superb is in the starting blocks
ŠKODA’s growth has continued in the first quarter of 2015 with the company recording increases in deliveries, sales revenue and operating profit. The Czech brand sold more cars between January and March than ever before in the first three months of a year, delivering 265,100 vehicles (increase of 7.2%). Sales revenue increased in the same period by 6.3% to over €3 billion (€3.175 billion); operating profit by 30.9% to €242 million.
“ŠKODA’s success has seamlessly continued from 2014 into the first quarter of 2015, says ŠKODA CEO Prof. Dr. h.c. Winfried Vahland. “The development of our sales figures and financial results in the first three months is a solid basis for the company’s positive development in the future. 2015 remains a challenging year for the automotive industry; the situation on some markets is not yet showing any sign of improvement. We are continuing to focus on profitable growth, however, with our attractive model range.”
ŠKODA’s sales revenue rose sharply between January and March 2015 by 6.3% to €3.175 billion (first quarter of 2014: €2.986 billion). The operating profit increased 30.9% to €242 million (first quarter of 2014: €185 million). The operating margin reached 7.6% compared to 6.2% in the first quarter last year. The higher profitability was mainly due to positive volume and mix effects.
“ŠKODA grew profitably in the first quarter, strengthening their financial position and earnings potential,” says ŠKODA Financial Director Winfried Krause. “Despite a challenging market environment and highly volatile foreign exchange rates, we continue to operate from a position of financial strength.”