Audi Group: Solid development in the first nine months

Audi logo on white background
  • CFO Jürgen Rittersberger notes: “Stable financial performance in the first three quarters with an operating margin within the target corridor”
  • Member of the Board of Management for Sales Hildegard Wortmann: “We can be very satisfied with around 1.4 million vehicles delivered despite the challenging market environment”
  • Revenue rises to €50.4 billion in the first three quarters, operating profit reaches €4.6 billion with a net cash flow of €3.5 billion.

Ingolstadt/Neckarsulm. The Audi Group is following up on a strong first half of the year and reports increased delivery figures after nine months: Between January and September, the Progressive brand group delivered around 1,405,000 Audi, Lamborghini, and Bentley vehicles – 16 percent more than in the same period last year. The increase was particularly strong in the USA and Europe. Revenue rose by 13 percent to €50.4 billion in the first nine months, while the operating profit was €4.6 billion. The operating margin was within the target corridor at 9.1 percent. Once again, the brand with the four rings demonstrated its strength in fully electric models with deliveries of more than 123,000 vehicles – an increase of 60 percent – demonstrating the success of the electrification strategy.

Portrait of Jürgen Rittersberger in front of a gray background
Jürgen Rittersberger Member of the Board of Management of AUDI AG Finance, Legal and IT
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.