Ingolstadt
Assessment of the first half 2020
Audi Group in first half of 2020: The effects of corona pandemic are still very significant. CFO Arno Antlitz assesses the results of the first half 2020.
Key Facts
- Deliveries to customers: stabilization in the markets
- Continuing along the electrification course: Audi e-tron is world market leader for all-electric vehicles from German premium manufacturers
- Audi Group: EUR 20,476 million revenue, EUR –643 million operating result before special items, operating return on sales before special items of minus 3.1 percent
- Net cash flow of EUR 1,953 million mainly due to sales of equity interests, investment discipline and inventory reduction
- Outlook: significant recovery expected in the second half of the year, but key financials for 2020 as a whole remain adversely affected by corona
“
We are starting the second half of the year with robust liquidity and are consistently implementing our product roadmap.
”
Audi Group after 6 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.
H1/2020
Deliveries to customers of the Audi brand
707,225
vehicles
Revenue
20.5
billion euros
Operating result
-0.8
billion euros
Operating return on sales
-3.7%
Net cash flow
2.0
billion euros
Half-Year Financial Report 2020
07/31/2020 | Half-Year Financial Report 2020
49 pages, EN
5.5 MB
