Assessment of the fiscal year 2020

The coronavirus pandemic has a significant impact in the fiscal year – strong second half. CFO until March 31st Arno Antlitz assesses the results of the fiscal year 2020.

03/18/2021 Text & Video: AUDI AG Reading Time: 2 min

Key Facts

  • Government restrictions and interruptions in the supply chain led to production stops and short-time work at Audi sites, especially in the first six months, which resulted in a global drop in sales volume
  • Market recovery starting with China and solid operating performance in the second half of the year as well as record figures in the fourth quarter
  • Full-year key performance indicators mostly significantly lower than the prior-year ones despite positive trend at the end of the year
  • Audi is cautiously optimistic about 2021, but forecasting is hampered by the ongoing coronavirus pandemic

2020 shows: Audi is robustly positioned and economically weatherproof.

Arno Antlitz, Member of the Board of Management of AUDI AG for Finance and Legal Affairs until March 31st

Audi Group 2020 Fiscal Year Compact

January until December 2020

January until December 2020

Deliveries Audi brand

1,692,773

vehicles

Revenue Audi Group

49,973

million euros

Operating return on sales

5.5 %

(Operating profit before special items EUR 2,739 million)

Audi e-tron GT quattro: Power consumption (combined*) in kWh/100 km: 21.6–19.6CO₂ emissions (combined*) in g/km: 0
Information on fuel/power consumption and CO₂ emissions with ranges depending on the selected equipment of the vehicle.
Only consumption and emission values according to WLTP and not according to NEDC are available for the vehicle.

Audi RS e-tron GT: Power consumption (combined*) in kWh/100 km: 22.1–19.8CO₂ emissions (combined*) in g/km: 0
Information on fuel/power consumption and CO₂ emissions with ranges depending on the selected equipment of the vehicle.
Only consumption and emission values according to WLTP and not according to NEDC are available for the vehicle.

Audi e-tron GT quattro: Power consumption (combined*) in kWh/100 km: 21.6–19.6CO₂ emissions (combined*) in g/km: 0
Information on fuel/power consumption and CO₂ emissions with ranges depending on the selected equipment of the vehicle.
Only consumption and emission values according to WLTP and not according to NEDC are available for the vehicle.

Audi RS e-tron GT: Power consumption (combined*) in kWh/100 km: 22.1–19.8CO₂ emissions (combined*) in g/km: 0
Information on fuel/power consumption and CO₂ emissions with ranges depending on the selected equipment of the vehicle.
Only consumption and emission values according to WLTP and not according to NEDC are available for the vehicle.

More details

Further financial highlights

Net cash flow

4,589

million euros

Research and development ratio

7.3 %

Ratio of capex

3.8 %

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