In 2015, Skoda set new records both in terms of global vehicle sales and financial results. Deliveries increased 1.8% to 1,055,500 vehicles (2014: 1,037,200). The brand also achieved record sales revenue, up 6.2% to a new high of EUR12.5bn(US$14bn) (EUR11.8bn). Operating profit rose 12% to EUR915m (EUR817m). The automaker is planning further growth in 2016.
Operating profit was 7.3% of turnover (2014: 7%).
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"The increase in vehicle sales, a better mix in model versions sold and optimised material costs contributed to this profitable growth," said chief financial officer Winfried Krause.
"[The year] 2015 was [good] for Skoda. Despite challenging market conditions, the company remained on course throughout the fiscal year, setting new records in deliveries, revenue and earnings," said CEO Bernhard Maier. "This shows that Skoda has achieved a new level of performance. Our success is sustainable.
"The automotive industry as a whole is facing major challenges. In this environment, Skoda will continue to drive the company's growth throughout 2016, while investing in the brand's future under the 2025 Strategy. This will specifically involve alternative automotive concepts, the digitisation of individual mobility with new offers for our customers, and the expansion of our SUV model range."
Skoda will be launching a new, large SUV this autumn, strengthening the brand's position in this important vehicle segment.
