Audi Group: Strong Financial Performance in a Challenging Environment

source: Audi AG

  • Audi CEO Markus Duesmann says, “Financial performance shows the strength of our brand group”
  • Revenues of €44.6 billion, operating profit of €6.2 billion, operating margin of 14.0%: Audi Group is performing well despite geopolitical crises and strained supply chains
  • High demand for Audi electric models, strong performance from Bentley, record deliveries from Lamborghini, and stable deliveries from Ducati

The Premium Brand Group continues to successfully steer its brands through a challenging market environment. In the first three quarters of 2022, the brand group increased its revenue year-on-year by 10.4% to €44.6 billion. Its operating profit reached €6.2 billion, significantly exceeding the previous year’s level, while the operative margin also improved to 14.0%. A good price position and a strong performance from Bentley, Lamborghini, and Ducati contributed to an outstanding operating income. The brand group thus continued the successful course it set during the first half of the year. Net cash flow of €4.6 billion remains at a high level.