ŠKODA Records Profitable Growth in First Nine Months of 2015 – Deliveries, Sales income and Operating Profit Increase

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› ŠKODA deliveries boost 2.2% to 791,500 vehicles
› Sales income increases 5.7% to EUR 9.3 billion by finish of September
› Operating distinction improves 12.7% to EUR 734 million

The Czech vehicle manufacturer ŠKODA stays on a highway to success and continues to grow profitably. In a initial 9 months of this year, deliveries to business increasing by 2.2% to 791,500 vehicles worldwide. During a same period, a sales income increasing by 5.7% to EUR 9.3 billion. Operating distinction rose significantly to EUR 734 million, representing an boost of 12.7% compared to a same duration final year.

“With courtesy to deliveries, ŠKODA has done good swell over a final 9 months, with deliveries somewhat above final year’s record level,” says Werner Eichhorn, ŠKODA Board Member for Sales and Marketing. “This plain boost in sales income and gain shows that a appealing indication operation continues to strike a chord with a business on a general markets,” adds CFO Winfried Krause.

In a initial 9 months of 2015, ŠKODA’s sales income amounted to EUR 9.3 billion. This represents an boost of 5.7% compared to a same duration final year (January to Sep 2014: EUR 8.8 billion). Operating distinction grew by 12.7% to EUR 734 million (January to Sep 2014: EUR 651 million). Mix effects and softened element costs contributed to a boost in earnings. In addition, sell rates had a certain impact on a handling profit.

By a finish of Sep 2015, a handling domain stood during 7.9% – above final year’s figure of 7.4%. Net liquidity rose 32.3% to EUR 3.0 billion. Capital investment reached EUR 277 million (January to Sep 2014: EUR 362 million).
“ŠKODA continues to grow profitably,” emphasised Winfried Krause. “The boost in handling distinction is an countenance of a financial soundness and strength.”

This certain growth shows a company’s financial strength, and is a financial basement for a delay of ŠKODA’s indication campaign, to that a latest era ŠKODA Superb belongs. The Superb tavern was expelled on a marketplace in a third quarter. The Superb Combi will be launched on a initial eleven European markets in September.

ŠKODA AUTO Group Key total from Jan to Sep 2015: