Ingolstadt

Assessment of the third quarter 2020

A noticeable recovery in the markets and a stabilization of business operations: After a very challenging first half of the year against the backdrop of the corona pandemic, the Audi Group is now catching up operationally and financially. CFO Dr. Arno Antlitz assesses the results of the third quarter 2020.

10/30/2020 Text & Video: AUDI AG Talking Business Reading Time: 6 min

Talking Business – Key Facts

  • Strong third quarter: deliveries and revenue up year-on-year, operating profit clearly positive
  • First nine months: 1.2 million Audi brand vehicles delivered, revenue of EUR 33.3 billion, operating profit before special items of EUR 0.2 billion and operating return on sales before special items of 0.7 percent
  • Net cash flow of EUR 3.8 billion significantly above high prior-year figure despite corona crisis, partially due to one-time effects

After several challenging months, today we can look back on a strong third quarter.

Dr. Arno Antlitz, Member of the Board of Management of AUDI AG Finance and Legal Affairs

Audi Group after nine months

(January until September 2020)

Deliveries Audi brand

1,187,190

vehicles

Revenue

33.3

billion euros

Operating result

0.2

billion euros before special items

Operating return on sales

0.7%

before special items

Net cash flow

3.8

billion euros

Download Quarterly Report Q3/2020

10/30/2020 | Quarterly Report Q3/2020

21 pages, EN

PDF

2.5 MB

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