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Cars Skoda Published by J. Doe

SKODA AUTO achieves operating profit of 469 million euros in first three quarters of 2020

Klaus-Dieter Schürmann, ŠKODA AUTO Board Member for Finance and IT, emphasises: The key financial figures for the third quarter prove that our strict cost discipline is paying off. Our additional short-term programme to reduce costs and capital expenditure is taking effect, as are the measures to optimise our current assets and liquidity. We are monitoring the current development of the COVID-19 situation very closely. We are going to take further steps to mitigate the financial impact of the increasingly stringent measures to contain the virus.

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Nov 11, 2020 at 15:24

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