Škoda Auto´s operating profit rapidly increasing in the history of the company

Published: 30.07.2017 Related countries:  United Arab Emirates United Arab Emirates

The profit of Škoda Auto company exceeds 7,5 % than last year. We have seen an increase in the number of vehicles sold in Europe, but also in North and South America.

novinka-obr_120x80pxl_auto.jpgCzech carmaker Škoda Auto reported revenues of CZK 227bn for H1 2017, up 22% y/y, Hospodářské noviny informs. Operating profit increased by more than a quarter to CZK 22.4bn. operating margin thus soared to 9.9%. Better results were driven by higher demand for Fabia, Rapid and Superb models, as well as the new Kodiaq SUV. The whole Volkswagen group fared well.

 

Source: www.cianews.cz, www.ihned.cz