“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.”
| Units | 2015 | 2014 | % Change* | |
| Deliveries to customers (DTC) | Cars | 265 100 | 247 200 | + 7,2 |
| DTC without China | Cars | 193 400 | 185 200 | + 4,5 |
| Production | Cars | 205 600 | 199 000 | + 3,3 |
| Sales | Cars | 216 800 | 214 000 | + 1,3 |
| Sales revenue | Million EUR | 3 175 | 2 986 | + 6,3 |
| Operating profit | Million EUR | 242 | 185 | + 30,9 |
| Operating profit as % of sales revenue | % | 7.6 | 6.2 | – |
| Investments (w/o capitalized development costs) | Million EUR | 68 | 73 | – 6,8 |
| Net liquidity | Million EUR | 2 395 | 1 754 | + 63,5 |
* Deviations in the percentages are due to calculations using unrounded figures.
150430 Growth – ŠKODA’s deliveries_ sales revenue and operating profit increase in first quarter
