Audi: Record profit in first-half of 2011 image

Audi Ag on Friday announced a new record with 652,970 (2010: 554,864) deliveries of Audi automobiles worldwide in the first six months of the current fiscal year.

Moreover, the company has booked record figures for all key financial indicators.

Overall, the Audi Group increased revenue in the first half of 2011 by 22.5 percent on the prior year to EUR 21.5 billion (2010: 17.6 billion). This represents a considerably higher rate than the growth in deliveries. Operating profit rocketed a massive 90.9 percent to EUR 2.5 billion (2010: 1.3 billion), setting a new record.

The new Audi A1 proved to be particularly successful – more than 63,000 vehicles have already been delivered to customers by June.
The Audi brand also booked strong growth in the C and D segments. Besides the A8, which has continually increased its market share since its launch last year, the A7 Sportback also boosted the figures. Moreover, there was continued strong demand for SUV models Q5 and Q7.

The profitability of the Audi Group has also risen. With an operating return on sales of 11.8 percent (2010: 7.6 percent), the company has clearly surpassed its goal of achieving a long-term average return of 8 to 10 percent.