source: Audi AG
Audi Group: revenue of €13.8 billion; operating profit of €1.1 billion; operating return on sales of 8.0 percent
Key financials reflect deconsolidation of multi-brand import companies
CFO Alexander Seitz: “We are some distance away from our own targets and aim to make considerable progress with our cost structures”
As expected, the Audi Group has embarked upon a very challenging financial year 2019. First-quarter revenue and operating profit d...
words and photos by Audi Club members
Editor’s note: This article originally ran in the Q1_2019 issue of quattro magazine. Thank you for those who submitted their rides.
David G. McLeod Jr., Silver Spring, MD
2013 Audi RS 5 & 2017 Audi SQ5
I recently retired from the U.S. Air Force Office of Special Investigations as a Lieutenant Colonel and have been a longtime Audi aficionado. As a lifetime Audi Club member, I took advantage of the European Delivery program for both cars and subseq...