[ Juxun Wang reported ] 2020 March 17, Volkswagen Group announced: the success of the fiscal year ending 2019, the Audi brand in addition to various other brands of performance have been enhanced. Among them, the largest increase in the Bentley brand, up 35.1 percentage over last year.
Dr. Judith Chairman of the Volkswagen Group management board said: ldquo; 2019 years is the Volkswagen Group a very successful year, laid an important foundation for change. 2020 will be a very tough year, the new crown pneumonia epidemic to our business and financial challenges brought unknown, its lasting impact on the economy is also worrying. We will be gathering strength, unity, hard times with high morale total grams. rdquo;
| The Volkswagen Group 2019 fiscal year results | |||
|---|---|---|---|
| brand | 2019 sales revenue | ||
| 55.7 billion euros | 59.2 billion euros | ||
| [123 ] 10.1 percentage | Volkswagen commercial Vehicles | ||
| 11.9 billion euros | [ 123] | ||
| 12.7 billion euros | |||
| 4.6 percentage | Volkswagen financial services | 38 billion euros | |
| 15.8 Percent | tabulation: Chexun Wang | ||
| Volkswagen | |||
Audi
2019 fiscal year, sales fell to 55.7 billion euros (2018 fiscal year was 59.2 billion euros). The main reason for the decline is the Group’s multi-brand sales by the company’s resources structural adjustment. Total operating profit of 4.5 billion euros (2018 fiscal year was 4.7 billion euros, not included special charges). Product mix and product cost optimization brought about a positive impact, offset iteration of old and new models, adding new products and new technologies upfront costs, the negative impact of unfavorable exchange rates as well as rising personnel costs brought about. Operating return on sales increased to 8.1 percent (7.9 percentage fiscal year 2018, special charges not included). Lamborghini, Ducati two brands of key financial indicators Naruaodi brand of financial data.
Skoda
2019 fiscal year sales of 19.8 billion euros, an increase of 14.5 percentage over the previous fiscal year. Thanks in part to initial integration and commitment to the development of the Group’s business in India. Operating profit increased by 300 million euros to 1.7 billion euros. Sales rise, price positioning and product portfolio optimization brought about a positive impact, more than offset the negative impact of rising costs and increased upfront cost of new product brings. Operating return on sales was 8.4 percentage last fiscal year the figure was 8 percentage.
SEAT
2019 fiscal year sales of 11.5 billion euros, compared with the previousFiscal year increased by 12.7 percentage. Operating profit rose to 445 million euros (2018 fiscal year was 254 million euros), also a record high. Product sales and various combination effects had a particularly positive impact. Brand operating return on sales increased to 3.9 percent (2.5 percentage fiscal year 2018).
Bentley
2019 fiscal year sales of 2.1 billion euros, an increase of 35.1 percentage over the previous fiscal year. Thanks to sales increase, costs associated with ongoing efficiency savings plan, the combined effects of all kinds and the impact of exchange rate trends, the Bentley brand’s operating profit increased to 6,500 million euros (2018 fiscal year to -2.88 million Euro). Brand operating return on sales increased to 3.1 percent (2018 fiscal year -18.6 percent).
Porsche
2019 fiscal year sales of 26.1 billion euros, an increase of 10.1 percentage over the previous fiscal year. Excluding special charges of operating profit increased 2.4 percentage amounted to 4.2 billion euros. Sales, as well as many improvements to optimize product development costs to make up for the negative impact of exchange rate movements and increased cost brought about. Excluding special items, including operating return on sales was 16.2 percent (previous fiscal year to 17.4 percent). During the reporting period, special charges diesel engine emissions caused by the incident was 500 million euros.
Volkswagen Commercial Vehicles
2019 fiscal year sales of 11.5 billion euros, from the previous fiscal year was essentially flat. Affected by the growth of fixed expenses and new product development costs, operating profit decreased to 510 million euros (2018 fiscal year was 780 million euros). Optimization of product costs had a positive impact. Brand operating return on sales was 4.4 percent (6.6 percentage fiscal year 2018).
Scania
Mann Commercial Vehicles
Volkswagen Financial Services
Volkswagen management board member responsible for finance and IT represent Frank Witter: ldquo; new crown pneumonia epidemic positive influence on the global economy. The impact of the epidemic on the Volkswagen Group and temporarily unable to determine the duration. So for 2020, we temporarily can not give a clear prediction. The Group has set up a special working group to support the Group’s employees and their families through a variety of measures, while ensuring that the Group’s business is carried out steadily. rdquo;