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Audi is financially on track after the first quarter
- Audi Group: €14.4 billion revenue, €1.2 billion operating profit, operating return on sales of 8.7 percent
- Audi CFO Axel Strotbek: “We are on target, and we continue to prioritize cost discipline in a challenging environment.”
- Profit before tax up by nearly 50 percent to €1.4 billion
In the first quarter of 2017, the Audi Group achieved a robust operating profit. While revenue remained at the level of the first quarter of last year the earnings figure actually rose slightly compared to the prior-year period which had been negatively influenced by special items. The operating return on sales for the first quarter is 8.7 percent.