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Škoda Auto additional continued to strengthen its constructive course in the course of the first half of 2023, regardless of ongoing market challenges. The Škoda Auto Group’s working revenue climbed to €911 million, marking a year-on-year improve of 34.8%. On the similar time, the return on gross sales remained regular at 6.6%. The carmaker delivered 432,200 autos worldwide between January and June, which is nineteen.9% greater than in the identical interval final yr. The demand for the model’s bestseller, the Octavia (+60.2%), in addition to the all-electric Enyaq iV household (+41.0%), noticed a considerable improve.
“We’ve confirmed within the first half of 2023 that Škoda Auto is on a secure progress path, because of a strong enterprise mannequin and an amazing staff efficiency. These outcomes present what we’re able to delivering regardless of the difficult market setting. We’ve got remained targeted on overcoming provide chain points and the reward now’s with the ability to maintain the manufacturing traces rolling. Because of this, our prospects can count on considerably shorter supply occasions. Now, we have to stay vigilant and sustain the arduous work to take care of this momentum.“
Klaus Zellmer, Škoda Auto CEO
“The outcomes that Škoda Auto has achieved within the first six months of this yr show the corporate’s distinctive flexibility and monetary resilience. Our secure return on gross sales of 6.6% might have been even larger if it weren’t for the detrimental one-off affect as a result of closure of the Russian enterprise. But, we’re on observe because of our Subsequent Stage Effectivity+ programme which we are going to proceed to implement additional. It’s as an essential pillar for attaining sustainable profitability, and I’m assured that, along with the staff, we will proceed following this path of sustainable progress.”
Holger Peters, Škoda Auto CFO
“The primary half-year has proven us that, even in a difficult setting, Škoda Auto is able to attaining stable outcomes. We had been capable of enhance our place on the difficult European market and expanded our market share. The ready time for our fashions has decreased considerably, and we will now meet buyer demand a lot quicker because of the improved provide of elements. The success of our all-electric Enyaq iV household offers us each cause to be optimistic concerning the future. We stay totally dedicated to offering reasonably priced e-mobility that completely suits all our prospects’ wants, by additional accelerating our e-campaign.”
Martin Jahn, Škoda Auto Board Member for Gross sales and Advertising and marketing
Yr-on-year improve of all key monetary figures in the course of the first half of 2023
The Škoda Auto Group generated a big rise in income in the course of the first six months of the yr, with the metric climbing by 34.5% to €13.7 billion. The return on gross sales remained on the similar degree because the earlier yr, a stable 6.6%. Moreover, the carmaker was capable of considerably improve its working revenue within the first six months of 2023 by 34.8% to €911 million, though the divestment of OOO Volkswagen Group Rus in Might 2023 had a powerful detrimental affect on working revenue*. In the course of the interval of January to June, the corporate delivered 432,200 autos worldwide, marking a year-on-year improve of 19.9%. Likewise, manufacturing surged within the firm’s Czech vegetation, reaching 535,200 autos, which is a rise of 79,000 items in contrast with the primary six months of 2022.
Škoda future-proofs its mannequin portfolio
Škoda Auto continues to concentrate on a powerful, electrical mannequin portfolio additional bolstering its e-campaign. Within the coming years, the automotive producer will introduce six new all-electric fashions throughout all segments. The all-electric compact SUV Elroq would be the first one to be introduced subsequent yr. Škoda has additionally made important strides in different fields on its path to e-mobility: The corporate has already handed the milestone of 500,000 produced battery methods which are mounted in e-vehicles of Škoda, Volkswagen, Audi and Seat, at its Mladá Boleslav predominant plant. Because the transition to e-mobility varies in several markets, Škoda will supply the entire vary of drivetrain ideas. This strategy permits the Czech automotive producer to offer its prospects with one of the best of each worlds: a large BEV portfolio in addition to trendy and environment friendly new ICE fashions. Within the second half of 2023, Škoda will unveil new generations of the Excellent and Kodiaq, whereas the upgraded fashions of the Scala and Kamiq can be introduced on 1 August. In doing so, Škoda is selecting up pace within the decade of transformation in the direction of CO2-neutral mobility, providing essentially the most various portfolio of BEV, PHEV and environment friendly ICE fashions to cater to all buyer wants and preferences in all markets.
* In Might, 2023 Volkswagen Group accomplished the promoting of its property in OOO Volkswagen Group Rus to OOO Artwork-Finance, supported by the Russian Seller Avilon.
Škoda Auto Group1) – Key figures for the primary half of the yr; January to June 2023/20222)
|
2023 |
2022 |
change |
||||
| Deliveries to prospects | automobiles | 432,200 | 360,500 | 19.9% | ||
| Deliveries to prospects excl. China | automobiles | 419,400 | 335,800 | 24.9% | ||
| Manufacturing3) | automobiles | 535,200 | 456,200 | 17.3% | ||
| Gross sales4) | automobiles | 545,500 | 446,800 | 22.1% | ||
| Gross sales income | million EUR | 13,748 | 10,223 | 34.5% | ||
| Working revenue | million EUR | 911 | 676 | 34.8% | ||
| Return on gross sales | % | 6.6 | 6.6 | |||
| Investments in tangible property | million EUR | 329 | 201 | 63.7% |
1) Škoda Auto Group contains Škoda Auto a.s, Škoda Auto Slovensko s.r.o., Škoda Auto Deutschland GmbH, Škoda Auto Volkswagen India Non-public Ltd. and till Might 2023, the Group additionally included OOO Volkswagen Group Rus, the monetary outcomes of that are included till then.
2) Proportion deviations are calculated from non-rounded figures.
3) Contains manufacturing within the Škoda Auto Group, excluding manufacturing at accomplice meeting vegetation in China, Slovakia and Germany, however together with different Group manufacturers resembling SEAT, VW and AUDI; automobile manufacturing excluding half/full kits.
4) Contains Škoda Auto Group gross sales to distribution corporations, together with different Group manufacturers resembling SEAT, VW, AUDI, PORSCHE and LAMBORGHINI; automobile gross sales excluding half/full kits.
Worldwide deliveries within the first half of the yr by chosen market area:
| Market area | Deliveries from January to June 2023
(Deliveries HY1 2022 / change in %) |
| Western Europe | 236,900 autos (180,500 autos; +31.3%) |
| Germany (largest single market globally) |
77,300 autos (63,500 autos; +21.8%) |
| Central Europe | 92,800 autos (69,800 autos; +33.0%) |
| Czech Republic (home market) |
43,900 autos (35,500 autos; +23.8%) |
| Jap Europe | 22,600 autos (29,800 autos; -24.1%) |
| India | 23,800 autos (25,900 autos; -8.4%) |
| China | 12,800 autos (24,700 autos; -48.1%) |
| Whole (Worldwide) | 432,200 autos (360,500 autos; +19.9%) |
Škoda model deliveries to prospects within the first half of 2023
(in items, rounded, listed by mannequin; +/- in % in contrast with earlier yr):
| Škoda Octavia | (97,800; 60.2%) |
| Škoda Kamiq | (58,400; 23.8%) |
| Škoda Kodiaq | (56,200; 11.0%) |
| Škoda Karoq | (52,700; 22.6%) |
| Škoda Fabia | (48,300; 5.3%) |
| Škoda Excellent | (34,600; 4.4%) |
| Škoda Enyaq iV | (31,300; 41.0%) |
| Škoda Scala | (28,100; 31.6%) |
| Škoda Kushaq | (12,300; -8.7%) |
| Škoda Slavia | (9,400; -8.4%) |
| Škoda Speedy | (2,900; -76.5%) |
SOURCE: Škoda
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