Investor Relations
Key figures Audi Group
January until March 2024
Deliveries
402,048
vehicles
Brand Group Progressive
Operating profit
0.5
EUR billion
(Operating margin: 3.4 %)
Net cash flow
-0.8
EUR billion
Keyfacts for the first quarter 2024
- In the 1st quarter of 2024, the Brand Group Progressive delivered 402,048 cars of the Audi, Lamborghini and Bentley brands, a decline of 4.7 percent.
- Deliveries of fully electric Audi models increased by 3 percent.
- Revenue fell by 19 percent to €13.7 billion due to lower sales and mix-related factors.
- Operating profit amounted to €0.5 billion and the operating return on sales was 3.4 percent – the challenging market situation and a limited availability of models in particular had a negative impact.
- Net cash flow came in at –€0.8 billion.
“2024 will be a year of transition for Audi. Among other things, the first quarter was characterized by an ongoing strained supply situation. At the same time, we’ve initiated the right measures to achieve our financial goals.”
“2024 will be a year of transition for Audi. Among other things, the first quarter was characterized by an ongoing strained supply situation. At the same time, we’ve initiated the right measures to achieve our financial goals.”
- Jürgen Rittersberger, Member of the Board of Management for Finance, Legal Affairs and IT, AUDI AG
Current Downloads
Audi Report 2023
154 pages, EN
19.3 MB
Quarterly Update Q1 2024
28 pages, EN
4.7 MB
Fact Pack Q1 2024
28 pages, EN
XLSX
2.6 MB
05/03/2024 | Q1 2024 Investor Relations Conference Call & Webcast | Presentation by Jürgen Rittersberger and Christian Bauer
21 pages, EN
4.9 MB
firesys was used in the creation of the financial publications.
Further financial publications
Current Dates
| FY Results 2023 |
March 19, 2024 Further information |
|---|---|
| 3M Results 2024 |
May 3, 2024 Further information |
| 6M Results 2024 |
July 25, 2024 Add to calendar |
| 9M Results 2024 |
November 5, 2024 Add to calendar |
What Audi stands for
- We are the progressive premium brand in the Volkswagen Group and delight our customers with sustainable premium mobility.
- We focus on qualitative growth worldwide– also in terms of new business models.
- We profit from effects of scale through synergies in the Volkswagen Group.
- We make electric mobility profitable and are committed to a premium margin of 12 % (2027) and 14 % (2030).
- We use a management model with a clearly defined target system based on economic and ESG7) criteria.
- We stand up for our values. High standards of integrity, diversity and social responsibility serve as the foundation of our activities.
- The Audi Team is passionate about the brand and about delighting our customers.
Contact
Questions and contact
- Haven’t found what you were looking for? Write us an email: ir@audi.de
Your contact person is Robert Schwarzl, Head of Financial Communication / Analytics, Investor Relations.
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