Skoda Auto will raise unit sales this year by at least 7.5% and revenue will grow by 21%, a senior company official told Reuters on Wednesday.

Skoda’s head of marketing and sales Fred Kappler said at an industry conference the car maker would sell at least 485,000 cars this year, with an increasing portion of higher value-added brands which would boost revenue and profit.
“This is the minimum number,” Kappler, a Skoda board member said, according to the report. “Profits should also rise on all levels.”

Reuters noted that Skoda made a net profit of 3.5 billion crowns ($US141.4 million) on sales of 153.6 billion last year and added that Kappler said sales this year should reach 186.3 billion crowns.

Exports accounted for 85% of Skoda sales last year, the report added.

Kappler reportedly added Skoda aimed to raise output to 600,000 cars in 2008-2010 and keep raising production towards 800,000-1,000,000 units around 2015. He also said that a target of making 600,000 cars next year, reported in the daily Pravo on Wednesday, was incorrect.

Reuters added that Skoda will launch next year a car based on its Roomster study, a family car with variable interior and has also said it would add a fifth line, based on the Yeti small sports utility car concept, at a later date.

According to the news agency, Kappler said Skoda will start assembly in Kazakhstan on a small scale later this month, adding to assembly lines in Ukraine, India and Bosnia.

In the first half of this year, Skoda raised unit sales by 7.3% to 244,569 cars after selling 451,675 cars last year, Reuters added.