ŠKODA AUTO achieves strong Q3 consequence and steady return on gross sales amid difficult atmosphere

ŠKODA AUTO achieved a steady return on gross sales of 5.6% and an working revenue of €856 million (-4.9% in comparison with the earlier yr) within the first three quarters of 2022 regardless of the difficult market atmosphere. This proves that the measures launched beneath the constantly pursued effectivity programme are yielding outcomes. Because of the excessive order backlog and sharp improve in deliveries within the necessary development market of India (+186.9 %), ŠKODA AUTO additionally expects a strongly optimistic working revenue for the yr as an entire. Deliveries from January to September totalled 544,500 automobiles. Behind the 22.3% year-on-year decline is the continuing provide pressure because of international occasions; the battle in Ukraine, important improve in uncooked materials and vitality costs, ongoing scarcity of semiconductors and unstable provide chains weighed closely on the Czech carmaker’s quarterly outcomes.

“Regardless of the present financial burdens as a result of battle in Ukraine, rising uncooked materials and vitality costs and fragile provide chains, we managed to realize a steady return on gross sales of 5.6%. The premise for this was our complete NEXT LEVEL EFFICIENCY+ programme and sustained excessive value self-discipline. This confirms that ŠKODA is on a strong monetary footing. For the remainder of the yr, we’re specializing in attaining a strongly optimistic working revenue.”

Christian Schenk, ŠKODA AUTO Board Member for Finance and IT

“Demand for ŠKODA automobiles stays excessive. We at the moment are doing all the things we will to proceed processing the nonetheless excessive order backlog. We additionally need to forge forward with the very profitable improvement within the Indian market: Our deliveries in India have already exceeded the earlier yr’s consequence. We need to construct on this and acquire additional momentum on this necessary development market.”

Martin Jahn, ŠKODA AUTO Board Member for Gross sales and Advertising

Secure working revenue, return on gross sales solely barely down on earlier yr

ŠKODA AUTO Group1) gross sales income within the first three quarters of the yr amounted to €15.2 billion, a rise of 13.9% over the earlier yr. Nonetheless, because of Volkswagen Group Rus being consolidated beneath ŠKODA AUTO a.s. for the reason that begin of the yr, the important thing figures can’t be in comparison with these of the identical interval final yr. On the similar time, consolidating Volkswagen Group Rus offered a specific problem for ŠKODA AUTO, negatively impacting the working revenue within the mid three-digit million vary. Nonetheless, it was nonetheless attainable to maintain the return on gross sales at 5.6% (2021: 6.8%) and the working revenue remained at a strong stage of €856 million (-4.9% on the earlier yr). The corporate isn’t solely optimising materials prices but in addition manufacturing and glued prices with the purpose of additional stabilising the working revenue for the yr as an entire and maximising earnings potential. On the similar time, the automaker continues to count on restrictions in manufacturing because of current bottlenecks in components provides.

Infographic - ŠKODA AUTO achieves solid Q3 result and stable return on sales amid challenging environment

ŠKODA AUTO Group1) – Quarterly comparability of key figures, January to September 2021/20222):

2022 2021 change in %
Deliveries to prospects automobiles 544,500 700,700 -22.3%
Deliveries to prospects excl. China automobiles 508,300 648,000 -21.6%
Manufacturing3) automobiles 647,200 578,200 11.9%
Gross sales4) automobiles 645,500 596,100 8.3%
Gross sales income Million EUR 15,181 13,329 13.9%
Working revenue Million EUR 856 900 -4.9%
Return on gross sales % 5.6% 6.8%
Investments in tangible belongings Million EUR 605 337 79.5%
Internet money circulation Million EUR 830 321 158.6%

1) ŠKODA AUTO Group includes ŠKODA AUTO a.s, ŠKODA AUTO Slovensko s.r.o., ŠKODA AUTO Deutschland GmbH, SKODA AUTO Volkswagen India Non-public Ltd. and OOO VOLKSWAGEN Group Rus.
2) Proportion deviations are calculated from non-rounded figures.
3) Includes manufacturing within the ŠKODA AUTO Group, excluding manufacturing at companion meeting crops in China, Slovakia and Germany, however together with different Group manufacturers comparable to SEAT, VW and AUDI; automobile manufacturing excluding half/full kits.
4) Includes ŠKODA AUTO Group gross sales to distribution firms, together with different Group manufacturers comparable to SEAT, VW, AUDI, PORSCHE and LAMBORGHINI; automobile gross sales excluding half/full kits

Worldwide deliveries within the first three quarters of the yr by chosen market area:

Market area Deliveries from January to September 2022
(Deliveries Q1 – Q3 2021 / change in %)
Western Europe 281,100 automobiles (326,400 automobiles; -13.9%)
Germany (largest single market globally) 100,700 automobiles (104,600 automobiles; -3.8%)
Central Europe 106,300 automobiles (132,600 automobiles; -19.9%)
Czech Republic (home market) 51,200 automobiles (63,000 automobiles; -18.7%)
Japanese Europe excluding Russia 23,300 automobiles (29,500 automobiles; -20.9%)
Russia 16,600 automobiles (72,600 automobiles; -77.2%)
China 36,300 automobiles (52,700 automobiles; -31.2%)
India 38,300 automobiles (13,300 automobiles; +186.9%)
Complete (Worldwide) 544,500 automobiles (700,700 automobiles; -22.3%)

ŠKODA model deliveries to prospects within the first three quarters of 2022
(in items, rounded, listed by mannequin; +/- in per cent in comparison with earlier yr):

ŠKODA OCTAVIA (106,800; -33.0%)
ŠKODA KAMIQ (73,100; -26.2%)
ŠKODA KODIAQ (71,300; -13.6%)
ŠKODA FABIA (69,800; -15.0%)
ŠKODA KAROQ (61,400; -36.5%)
ŠKODA SUPERB (45,200; -12.1%)
ŠKODA ENYAQ iV (36,900; +30.7%)
ŠKODA SCALA (29,700; -25.3%)
ŠKODA KUSHAQ (19,500; +286.8%)
ŠKODA SLAVIA (15,400; -)
ŠKODA RAPID (15,300; -70.8%)


We will be happy to hear your thoughts

Leave a reply

Hey, wait!

we aggregate the best deals for you from Amazon to ensure you have the best selection and lowest prices

Enable registration in settings - general
Shopping cart