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150430 Growth – ŠKODA’s deliveries_ sales revenue and operating profit increase in first quarter

150430 Growth - ŠKODA’s deliveries_ sales revenue and operating profit increase in first quarter

ŠKODA Media Services:,
ŠKODA AUTO a.s., Tř. V. Klementa 869,
293 60 Mladá Boleslav, Czech Republic

Press Release page 1 of 2

Growth: ŠKODA’s deliveries, sales revenue
and operating profit increase in first quarter

› 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

Mladá Boleslav, 30 April 2015 – 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.”

ŠKODA Media Services:,
ŠKODA AUTO a.s., Tř. V. Klementa 869,
293 60 Mladá Boleslav, Czech Republic

Press Release page 2 of 2

ŠKODA AUTO Group – Key figures quarterly comparison, January to March 2015/2014:

January – March 2015/2014


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 +36.5
* Deviations in the percentages are due to calculations using unrounded figures.

For more information:
Jozef Baláž, Corporate Communications Tomáš Kubík, Corporate Communications
T +420 326 811 773 T +420 326 811 749

Media image:

New ŠKODA Superb in the starting blocks
ŠKODA continues to focus on profitable growth with
their attractive model range. The new ŠKODA Superb
will be available on the first markets in June.

Download Source: ŠKODA AUTO

› is one of the longest-established vehicle production companies in the world. In 1895, the Czech
headquarters in Mladá Boleslav began producing bicycles, followed by the production of motorbikes and
› currently has seven passenger car models: Citigo, Fabia, Roomster/Praktik, Rapid, Octavia, Yeti and
› in 2014 delivered more than 1 million vehicles to customers worldwide for the first time in a single year.
› has belonged to Volkswagen since 1991. The Volkswagen Group is one of the most successful
automotive groups in the world. ŠKODA, in association with the Group, independently manufactures and
develops vehicles, as well as components, engines and gear transmissions.
› operates at three locations in the Czech Republic, produces in China, Russia, Slovakia and India mainly
through Group partnerships, as well as in Ukraine and Kazakhstan through local partners.
› employs over 25,900 people globally and is active in more than 100 markets.

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Published: 10.5.2016