Successful First Half-Year for Audi: Record Deliveries and Strong Profits

source: Audi AG

  • Record deliveries: the best first half-year in Audi’s history with 981,681 vehicles delivered to customers
  • Revenue totals €29.2 billion, operating profit €3.1 billion, operating return on sales 10.7 percent, profit before tax amounts to €3.9 billion
  • Strong net cash flow: €5.5 billion
  • CFO Rittersberger: “We have finished the first half-year with success. Nevertheless, the situation continues to be challenging.“

A healthy result after six months: the Audi Group achieved a successful half-year performance in spite of a critical situation with semi-conductor supplies. From January to June the company delivered 981,681 automobiles to customers worldwide, thus concluding the best first half in the history of Audi. The positive trend in volume is also reflected in the financial performance: sales revenue amounted to €29.2 billion. An operating profit of €3.1 billion testifies to high customer demand, a strong sales performance, and continued cost discipline. Moreover, in the first half-year Audi benefited from positive valuation effects in securing raw materials. The operating return on sales, at 10.7 percent, therefore lies within the strategic target range of 9 to 11 percent. Net cash flow amounting to €5.5 billion reflects the financial strength of the Audi Group.