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Financial figures

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Financial figures

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.

2022 fiscal year: Record operating profit for Audi

Press release

CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”

AUDI AG’s Annual Media Conference saw CEO Markus Duesmann and CFO Jürgen Rittersberger address current topics. Alongside the key financials for the 2022 fiscal year, the pair focused on strategic decision-making, spotlighting holistic sustainability, and the upcoming model initiative.

Press release

“Our strategy for sustainability, digitalization, and electrification provides the right answers, even in times of multiple crises.”

Audi CEO Markus Duesmann

Production Sites Audi Group

Jürgen Rittersberger - Biography

Recent Press Releases

03/16/23

Company

CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”

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03/16/23

Company

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).

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03/16/23

Company

Put through its paces: Audi tests the production-oriented Q6 e-tron prototype in the far north

The close-to-production Audi Q6 e-tron is just the beginning of the largest model offensive in the history of the brand with the four rings. Audi will introduce more than 20 new models by 2025 – more than ten of which will be electric. The future Q6 e-tron model series marks the inauguration of e-mobility at the Ingolstadt headquarters. An in-house battery assembly facility underpins Audi’s commitment to electric mobility.

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03/09/23

Company

Live stream of Audi’s 2023 Annual Media Conference: Business figures and the balance sheet at a glance

AUDI AG invites you to its digital Annual Media Conference on March 16, 2023. Media representatives and interested parties from around the world can follow the event live starting at 11:00 AM (CET) at www.audi-mediacenter.com.

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01/10/23

Company

Audi delivers over 100,000 electric models in 2022 – despite challenging environment

In 2022, Audi was once again able to significantly increase deliveries of all-electric cars: with an increase of around 44 percent, the brand systematically continued its electrification strategy, thereby maintaining its course in a year characterized by global crises. In total, Audi sold over 1.61 million vehicles last year, which was close to the previous year’s level despite prolonged supply bottlenecks and major challenges in the logistics chain. Audi beat 2021’s results in Europe, Germany, and more core markets.

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10/28/22

Company

Audi Group: Strong Financial Performance in a Challenging Environment

The Premium Brand Group continues to successfully steer its brands through a challenging market environment. In the first three quarters of 2022, the brand group increased its revenue year-on-year by 10.4% to €44.6 billion. Its operating profit reached €6.2 billion, significantly exceeding the previous year’s level, while the operative margin also improved to 14.0%. A good price position and a strong performance from Bentley, Lamborghini, and Ducati contributed to an outstanding operating income. The brand group thus continued the successful course it set during the first half of the year. Net cash flow of €4.6 billion remains at a high level.

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07/29/22

Company

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.

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05/05/22

Company

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.

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03/17/22

Company

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.

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03/17/22

Company

CEO Markus Duesmann: “The power to shape the transformation is in our hands”

The tragedy unfolding in Ukraine underscores that we cannot take peace and freedom for granted, even in Europe. At AUDI AG’s Annual Media Conference, Audi CEO Markus Duesmann gives his take on the war in Ukraine and its impact on the company’s business activities. How is Audi implementing its e-roadmap? What synergies does closer cooperation between Audi, Bentley, Lamborghini and Ducati have to offer? What role will China play in the company’s electrification strategy? Markus Duesmann’s key messages for the 2022 Annual Media Conference.

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03/17/22

Company

Audi Report 2021: Combined financial statement and sustainability report

For Audi, financial success is inseparably linked with the acceptance of social and ecological responsibility. The new Audi Report 2021 consequently combines reporting on key financial figures with coverage of ESG topics (environment, social, governance).

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03/17/22

Company

Audi Hungaria: stable financial results in 2021

Audi Hungaria closed the 2021 fiscal year with a stable result, despite challenges caused by the coronavirus pandemic and semiconductor shortages. The world’s largest engine manufacturing plant produced 1,620,767 engines while in vehicle production, 171,015 cars rolled off the production line – a record in the history of the company. Last year, the company generated sales of EUR 7.717 billion and invested a total of EUR 162.6 million.* This brings the total investment since the company’s foundation to EUR 11.95 billion,* making Audi Hungaria the largest investor in the Hungarian automotive industry.

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