Ingolstadt

Assessment of the first quarter 2020

As the coronavirus pandemic continues, Audi takes stock after a difficult first quarter of 2020: The crisis has had a marked impact on volume and the key financial figures. CFO Dr. Arno Antlitz assesses the results.

04/30/2020 Copy & video: AUDI AG Talking Business Reading Time: 6 min

Talking Business – Key Facts

  • Corona crisis with significant impact on volume and key financial figures
  • Operating profit in Q1 2020: EUR 15 million
  • Demand for Audi down about 21 percent worldwide
  • Forecast 2020: operating profit and deliveries to customer considerably below the prior-year level
  • Safeguarding core processes and adequate net liquidity stabilizing Audi amid the corona crisis

We are doing everything to steer Audi steadily through the corona crisis and towards future viability.

Dr. Arno Antlitz, Board Member for Finance, China and Legal Affairs

Audi Group after three months, compact

The corona crisis is having a marked impact on volume and the key financial figures at Audi. The company is stabilizing its business by adjusting production operations, safeguarding core processes and maintaining adequate net liquidity.

Deliveries, Audi brand

352,993

cars

Operating profit

15

million euros

Net cash flow

1.0

billion euros

Revenue, Audi Group

12.5

billion euros

Operating return on sales

0.1%

Net liquidity

18.8

billion euros

Power consumption, combined*: 23.8–20.9 kWh/100km (NEDC); 25.8–21.1 kWh/100km (WLTP)CO₂ emissions, combined*: 0 g/km

Power consumption, combined*: 23.8–20.9 kWh/100km (NEDC); 25.8–21.1 kWh/100km (WLTP)CO₂ emissions, combined*: 0 g/km

Download Quarterly Report Q1/2020

04/30/2020 | Quarterly Report Q1/2020

17 pages, EN

PDF

17.6 MB

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