|
Audi's Profit Surges this year |
|
|
|
|
Sunday, 01 August 2010 |
|
German
manufacturer Audi announced its financial results for the first half of
the year, presenting numbers most didn't believe will see anytime soon
in the automotive industry. The carmaker achieved
a revenue of EUR17.6 billion, a healthy 21 percent increase over the numbers achieved last year.
The
manufacturer's operating profit for the period, with the 61.6 percent
increase making the first half on 2010 a record, with an EUR1.3 billion
operating profit.
- The record profit reflects just how
successful our strategy of sustained, profitable growth is, Axel
Strotbek, Audi member of the board for Finance and Organization said in a
statement.
Another example is our operating return for the
past few years. Despite the crisis, it has averaged a good seven
percent, he said.
The great numbers come after a successful half
year in terms of sales for Audi. The carmaker managed to sell 554,939
vehicles for the first six months, this too a record number for the
period. This made Audi think it just may achieve the 1 million+ sales
target set for 2010. If so, it would be the second time Audi achieves
such a feat (the first time it passed 1 million units was in 2008).
And it doesn't stop here. The German manufacturer
outlined plans to bring the number of models in its portfolio to over 40
by 2015.
|
