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source: Audi AG
Volumes and key financials significantly impacted by regulatory and economic consequences of corona crisis
Lockdowns and closed dealerships worldwide: Audi delivered 352,993 cars to customers in a difficult first quarter
Revenue of €12.5 billion, operating return on sales of 0.1 percent
Net cash flow of approximately €1 billion, net liquidity of €18.8 billion
CFO Arno Antlitz: “Audi is in a ro...
[source: Audi AG]
Audi Group: €15.3 billion revenue, €1.3 billion operating profit, operating return on sales of 8.5 percent
CFO Alexander Seitz: “A solid basis to meet growing challenges”
High self-financing strength: Significant increase in net cash flow to €1.9 billion
In the first quarter of 2018, the Audi Group surpassed its revenue and operating profit of the prior-year period. The operating return on sales of 8.5 percent was once again within the stra...