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AUDI’S BEST YEAR FOR SALES IN THE COMPANY’S HISTORY
The year 2010 was the best year as far as sheer sales volumes are concerned for German auto giant, Audi. The auto maker posted the best worldwide sales figures in the history of the company.
Deliveries of Audi brand automobiles on worldwide markets rose last year by 15 percent to 1,092,411. Revenue rose during the 2010 financial year by a disproportionately high rate to €35,441 million (29,840 million)* – an increase of 18.8 percent.
The Audi Group significantly increased its operating profit by 108.2 percent to €3,340 million (1,604 million). The profit before tax, at €3,634 million (1,928 million) was 88.5 percent above that of the previous year. Profit after tax rose by 95.2 percent to €2,630 million (1,347 million).
The Company increased its operating return on sales to 9.4 percent (5.4 percent). Return on investment also reached a new peak, at 24.7 percent (11.5 percent). Net liquidity increased by 25.5 percent to €13,383 million (10,665 million).
The Audi Group considerably expanded production in response to the high demand. In 2010, 1,150,018 cars (including Lamborghini) left the production halls, 23.4 percent more than during the previous year (932,260). Engine production saw an increase of more than 19 percent, to 1,648,193 (1,384,240) units.
Posted in: Automobile Review
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