A good year for Audi

In the 2007 fiscal year, AUDI AG once again achieved record figures for production, vehicle sales, revenue and profit.

“We’re looking back on the most successful fiscal year in the history of our company: We have achieved the twelfth consecutive record year for vehicle sales and we were able to increase all of the key financial figures to new record levels – we call that qualitative growth, since only profitable growth can secure our competitiveness in the long term,” said Rupert Stadler, Chairman of the Board of Management of AUDI AG, at Tuesday’s Annual Press Conference in Ingolstadt.

With a rise of 5.7 percent in vehicle sales, the Audi Group’s sales revenue for the 2007 fiscal year attained a new record high of €33,617 million(€31,142)* – an increase of 7.9 percent. With an operating result of €2,705 million (€2,015), the company has registered significant growth of 34.2 percent.

This success is particularly attributable to further improvements in the model mix through the sale of highly exclusive cars such as the Audi Q7, models from the TT family, the Audi A5 and the Audi R8 supersportscar.

At €2,915 million (€1,946), the company once again recorded a new best figure for profit before tax. This represents a rise of 49.8 percent. Profit after tax was at €1,692 million (€1,343), up 26 percent.

Credits: Jarvis