Financial figures

Finanzzahlen

Here you will find all the financial figures for the Audi Group. Besides regular interim reports on the current business situation, we also make our press releases relating to the Interim Financial Report available to you here. Furthermore, we inform you annually about the development of the Group during the previous year in March.

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Financial highlights
Company
10/27/2023

Audi Group: Solid development in the first nine months

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.
Financial highlights H1/23 Audi Group
Company
07/28/2023

Audi Group: Good performance in the first half of the year despite major challenges

After a strong start to the year, the Audi Group continued its successful trajectory in the first half of 2023. Between January and June, the brand group progressive delivered a total of 919,548 Audi, Bentley, and Lamborghini vehicles. This corresponds to an increase of more than 15.3 percent compared with the previous-year period. The Group increased its deliveries, particularly in Europe and the USA. Revenue grew by 14.4 percent to €34.2 billion, with an operating profit of €3.4 billion. At 10.0 percent, the operating return on sales was within the target corridor of 9 to 11 percent. Audi once again delivered a strong performance with fully electric models: The increase of over 50 percent to 75,647 vehicle deliveries proves that the Four Rings is on the right track with its systematic electrification strategy.
Q1/2023 Financial highlights Audi Group
Company
05/05/2023

High demand for electric models and strong sales growth: Audi starts off year with impressive performance

The Audi Group has started off 2023 with strong delivery figures in nearly all core regions. In the first quarter, the brand group delivered some 422,000 Audi, Bentley, and Lamborghini vehicles – around 8 percent more than in the same period last year. The improved supply situation for semiconductors allowed the company to better meet the high demand for Audi models, in Europe and the USA in particular. Revenue increased to €16.9 billion. The operating profit climbed to €1.8 billion, while the operating margin of 10.8 percent was at the upper end of the strategic target corridor. The 43 percent increase in deliveries of electric cars demonstrates that the brand group is on the right track. In the company’s ongoing electrification journey, Audi has picked up considerable speed: In the largest model offensive in Audi’s history, the brand has announced the launch of around 20 new models between late 2023 and late 2025, more than ten of which will be all-electric.
Financial highlights 2022
Company
03/16/2023

2022 fiscal year: Record operating profit for Audi

The Audi Group closed the 2022 fiscal year with a record result in a year when the company continued on its path toward becoming a leading provider of connected, fully electric premium mobility. Revenue rose 16.4 percent to a record €61.8 billion while operating profit climbed nearly 40 percent to an all-time high of €7.6 billion. The operating margin rose from last year’s 10.4 percent to 12.2 percent, and net cash flow reached €4.8 billion, the second-highest figure in the company’s history. Key drivers of this year’s strong financial performance included consistent crisis management in a year marked by overlapping global challenges, a good price position, and strong results from the Bentley, Lamborghini, and Ducati brands. 2022 also saw a sharp increase in the number of fully electric models delivered. In 2023, Audi will launch the largest product campaign in the company’s history, starting with the future Q6 e-tron model series. It will be the first electric model based on the Premium Platform Electric (PPE).
Audi Group First Half-Year: Operating Profit at All-Time High
Company
07/29/2022

Audi Group First Half-Year: Operating Profit at All-Time High

The Audi Group is presenting a solid balance sheet for the first half of 2022. Due to the ongoing semiconductor crisis and COVID-19-related lockdowns in China, Audi could not meet the high demand for its core brand vehicles. Despite this, the Audi Group’s revenues increased by two percent to €29.9 billion, and its operating profit reached a new high of €4.9 billion. At 16.5%, the operating margin was well above the previous year and above the strategic target corridor of 9 to 11%. Earnings were driven by the good price position, the solid operating performance of the Lamborghini and Bentley luxury brands, and support from raw material hedging. The Audi Group confirms its forecast for deliveries, revenue, and returns.
Audi Group closes strong first quarter
Company
05/05/2022

Audi Group closes strong first quarter

Despite the quarter being marked by ongoing bottlenecks in semiconductor supply, war in Ukraine, and renewed lockdowns in China, the Audi Group is still reporting strong financial figures after the first three months of the year. As a result, the company has further strengthened its financial basis for its transformation towards e-mobility and digitalization. For the first time, the Bentley brand is also consolidated within the Audi Group. Revenues increased by two percent. The group generated the highest operating profit ever in a first quarter – driven by a strong price position, a disciplined approach to fixed costs, and support from the valuation of raw material hedges, operating profit for the first three months of the year grew to 3.5 billion euros. Despite geopolitical uncertainties arising from the ongoing war in Ukraine and the tense supply situation, the Audi Group is still confirming the forecast for fiscal year 2022 announced in its annual report, and expects to deliver between 1.8 and 1.9 million vehicles across the group’s different brands and to achieve an operating margin of 9 to 11 percent.
Financial highlights
Company
03/17/2022

Fiscal year 2021: Audi Group achieves all-time highs in operating profit and net cash flow

In the challenging fiscal year of 2021, Audi once again put its strengths to the test. The Audi Group achieved all-time highs in operating profit and net cash flow. Revenue last year was around 53 billion euros. Operating profit reached 5.5 billion euros, while operating return on sales amounted to 10.4 percent. The Audi Group’s high net cash flow of 7.8 billion euros attests to its strong ability to self-finance. In addition to active management of the semiconductor scarcity and strict cost discipline, other drivers of the positive earnings performance included good pricing positions, strong residual values, the good performance of Lamborghini and Ducati and tailwinds from raw material rating and currency effects. At the same time, Audi resolutely continued its transformational course and increased deliveries of battery electric vehicles (BEVs) by 57.5 percent. The concrete effects of the war in Ukraine on the Audi Group’s business cannot yet conclusively be estimated.
Financial highlights 2022

2022 fiscal year: Record operating profit for Audi

The Audi Group closed the 2022 fiscal year with a record result in a year when the company continued on its path toward becoming a leading provider of connected, fully electric premium mobility. Revenue rose 16.4 percent to a record €61.8 billion while operating profit climbed nearly 40 percent to an all-time high of €7.6 billion.

Press release
Audi Report 2022
Audi Report 2022
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Markengruppe Progessive
Brand Group Progressive
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Brussels plant production new Audi Q8 e-tron
Production Sites Audi Group
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Jürgen Rittersberger
Jürgen Rittersberger - Biography
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