Welcome!

News Feed Item

Audi Annual Press Conference: Following Record Deliveries in 2013 Further Growth for 2014

INGOLSTADT, Germany, March 11, 2014 /PRNewswire/ --

* Audi Group in 2013 at a glance: A total of approx. 1.575 million Audi brand cars delivered, € 49.9 billion revenue, € 5.030 billion operating profit, and 10.1 percent operating return on sales.

* CEO Rupert Stadler: "2013 was an extraordinary year and we remain on course for success in 2014."

* Audi plans to recruit more people this year: In Germany alone, the Company will take on 1,500 new employees and 750 apprentices.

Picture is available via epa european pressphoto agency ( http://www.epa.eu/ ) and can be downloaded free of charge at: http://www.presseportal.de/pm/6730/audi-ag?keygroup=bild

The Audi Group continues to pursue its strategic goals systematically. The Company delivered a strong set of figures for fiscal 2013: With around 1.575 million cars of the Audi brand delivered, the Ingolstadt carmaker achieved new record sales and reached the target that it had set itself for 2015 - more than 1.5 million deliveries - two years earlier than planned. Meanwhile the Audi Group increased its revenue to € 49.9 billion and again achieved an operating profit of more than € 5 billion. The operating return on sales for 2013 as a whole came to 10.1 percent, which is slightly above the strategic target corridor of eight to ten percent. The Company intends to maintain its growth in future, and between now and 2018 will be investing around € 22 billion in innovations and new technologies as well as in expanding its worldwide manufacturing structures. In Germany alone, this year the brand with the four rings will be taking on 1,500 new employees and offering apprenticeships to 750 young people.

     (Photo: http://photos.prnewswire.com/prnh/20140311/674189 )

Audi today presents all its key figures for the 2013 fiscal year at the Annual Press Conference, taking place at its headquarters in Ingolstadt. The Board of Management of AUDI AG also gives its outlook for 2014. In front of more than 300 international journalists, Audi boss Rupert Stadler will declare: "2013 was an extraordinary year and we also remain on course for success in 2014. The past twelve months have seen us embark on a huge globalization drive in opening new plants in Hungary and China, as well as preparing for local production operations in Mexico and Brazil. The new A3 family* is proving very popular with our customers, as are our SUV models in the Q car line." The Company successfully maintained its product initiative. Having launched 15 new models and derivative versions in 2013, the brand with the four rings will be launching 17 new cars in 2014 alone.

Last year, Audi achieved a strong set of figures despite the overall decline in car sales in Europe: For example, the Company delivered 1,575,480 (2012: 1,455,123) cars of the Audi brand to customers worldwide - a year-on-year increase of 8.3 percent. 2013 saw the Audi Group increase its revenue to € 49.880 (2012: 48.771) billion. This represented a further increase of 2.3 percent on the previous year's high level, despite negative exchange effects.

In view of increasing research and development costs for new products and technologies, intensive advance payments for systematically expanding the international production network and also the challenging market environment, above all in Europe, the operating profit was below the previous year's high level, at € 5.030 (2012: 5.365) billion. The operating return on sales of 10.1 (2012: 11.0) percent was just above the strategic target corridor of eight to ten percent.

Distribution costs for the Audi Group merely edged up to € 4.641 (2012: 4.594) billion in fiscal 2013. The financial result for the past fiscal year of € 293 (2012: 586) million was down on the previous year's level. The Audi Group thus achieved a profit before tax of € 5.323 (2012: 5.951) billion for fiscal year 2013.

The past fiscal year saw the Company invest ten percent more than in the year before that - in all, more than € 3.5 billion. Until 2018 the Audi Group is planning total capital investments amounting to some € 22 billion. The focus is on new innovations and technologies. The Company's goal remains to finance all investment spending from operating cash flow, which in 2013 reached € 3.2 billion disregarding changes in participations, despite the record capital investments - that is a substantial increase on the prior-year € 2.9 billion.

The year-end position saw the Audi Group having increased its net liquidity to € 14.716 (2012: 13.396) billion. The Company's equity ratio at the balance sheet date was 41.1 (2012: 37.4) percent.

The Audi Group aims to grow in every region of the world in 2014, including Europe. Depending on the wider economic environment, the brand with the four rings expects a slight increase in revenue to more than € 50 billion in fiscal 2014.

The systematic expansion of its international manufacturing structures and the rising advance payments needed for new models and technologies - in particular to comply with tougher CO2 regulations worldwide - will initially have a negative impact on profit in the current fiscal year. At the same time, the positive trend in deliveries and revenue as well as ongoing productivity and process improvements already implemented will impact our operating profit positively. Overall, the Ingolstadt carmaker expects the operating return on sales to lie within its strategic target corridor of eight to ten percent.

Fuel consumption of the models named above:

Audi A3:

Combined fuel consumption in l/100 km: 7 - 3,2;

Combined CO2-emissions in g/km: 162 - 85

Audi TT:

This car is not yet on sale. It has not yet been homologated and is therefore not subject to the 1999/94/EG guideline.

Provisional data:

Combined fuel consumption in l/100 km: 7,1 - 4,2;

Combined CO2-emissions in g/km: 164 - 110

Corporate Communications
Julio Schuback
Spokesman Finance and Organization
Tel: +49-841-89-38455
E-mail: [email protected]
mailto: http://www.audi-mediaservices.com
http://www.audi-newsroom.de

SOURCE AUDI AG

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will provide economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session will also include a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...