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 Arno Antlitz assesses the results of the third quarter 2020.
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.
”
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
2.5 MB
