Audi defies the corona crisis with a robust performance in the 2020 financial year
The total number of deliveries of Audi-brand vehicles to customers in 2020 was 1,692,773 (2019: 1,845,573). Following a difficult start to the year, the markets recovered considerably: with 505,583 deliveries (4th quarter of 2019: 488,471), Audi was even able to conclude the financial year with the most successful quarter in company history.
For example, deliveries of the Audi Q3 and Audi A6 rose by 18.1 and 11.8 percent respectively in comparison to the previous year. The all-electric Audi e-tron, together with the Audi e-tron Sportback, was the best-selling electric vehicle worldwide by a German premium manufacturer, with a growth in demand of almost 80 percent compared to the previous year. A new best result was also achieved in the business year 2020 by Audi Sport GmbH, with an increase of deliveries amounting to 16.1 percent above the previous year.
In terms of volume, the sales revenue of the Audi Group in 2020 amounted to €49,973 million (2019: 55,680 million) . The operating profit before special items was €2,739 million (2019: 4,509) million, equivalent to an operating return on sales before special items of 5.5 percent (2019: 8.1 percent) . The fourth quarter, above all, with an operating profit before special items of €2,456 million (2019: 1,271 million) and an operating return on sales of 14.7 percent (2019: 8.9 percent), helped the company to more than make up for the losses of the first half of the year.
The Audi.Zukunft (Audi.Future) agreement concluded in 2019 is also making a noticeable contribution to success through a reduction in employment costs.
Mar 22, 2021 at 08:04