August 3, 2004
Source: Audi AG
- Operating result and net profit up on previous year
- Lamborghini sales almost quadrupled
- Historic sales records in eight Western European markets
- Sales record targeted for the year as a whole
In the first six months of this year, Audi recorded its best sales result in company history, with 389,970 cars sold worldwide (January – June 2003: 387,751). This represents an increase of 0.6 percent on the same period last year. Revenue was up by 7.7 percent to the record level of EUR 12,328 (11,449) million. The operating result rose by 9.5 percent to EUR 586 (535) million. Profit before tax remained stable at the previous year’s level at EUR 502 (505) million. Net profit rose by 16.3 percent to EUR 336 (289) million.
“Despite very unstable markets and tough competition, we are sticking to our goal of a new sales record in the current year. With the new A6 and the A3 Sportback, which is to be launched in September, we are in an outstanding position going into the second half of the year. We are also aiming to achieve a strong overall result,” explains Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of AUDI AG.
Car sales by the subsidiary Lamborghini almost quadrupled to 922 (238) vehicles. A total of 401,632 (378,074) cars (up 6.2 percent) and 780,354 (693,217) engines (up 12.6 percent) were produced in the first six months.
Audi achieved historic sales records in eight of 20 markets in Western Europe. The biggest European export market of Great Britain with sales of 41,805 (38,299) vehicles (up 9.2 percent) and Spain with 23,742 (21,213) vehicles (up 11.9 percent) deserve a special mention. Sales in Western Europe (excluding Germany) were up by 5.8 percent to 170,991 (161,541) vehicles. 114,169 (121,033) vehicles were handed over to their new owners in Germany (down 5.7 percent). Audi boosted its sales quite considerably in the region of Eastern Europe, by 17 percent to 8,144 (6,977) vehicles. A total of 37,970 (41,089) Audi models were sold in the USA (down 7.6 percent). 6,251 (5,777) cars were sold in Japan (up 8.2 percent) and 29,028 (29,412) in China (down 1.3 percent).
The Audi Group workforce expanded by 0.9 percent to 53,042 (52,589) employees (all figures as at 30 June). There were 44,787 (44,761) employees at AUDI AG, 5,175 (4,888) at AUDI HUNGARIA MOTOR Kft., 772 (788) at COSWORTH TECHNOLOGY LIMITED, 730 (638) at the Lamborghini Group and 772 (711) at AUTOGERMA S.p.A.