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Škoda Auto, high profits in 2023 support for future projects - Industry and Analysis

2024-03-15T16:35:37.774Z

Highlights: Škoda Auto, high profits in 2023 support for future projects - Industry and Analysis. Strengthened by the financial results obtained in 20th, Škota Auto Group looks with confidence to the coming years. New electric models (such as the Elroq SUV in 2024 and the Epiq city SUV which will arrive in 2025) but also to the. entry into Vietnam and Kazakhstan. In 2023 ŠKoda achieved a record turnover of 26.5 billion euros.


Strengthened by the financial results obtained in 2023, Škoda Auto Group looks with confidence to the coming years, not only thanks to the launch of new electric models (such as the Elroq SUV during 2024 and the Epiq city SUV which will arrive in 2025) but also to the impl. .. (ANSA)


Strengthened by the financial results obtained in 2023, Škoda Auto Group looks with confidence to the coming years, not only thanks to the launch of new electric models (such as the Elroq SUV in 2024 and the Epiq city SUV which will arrive in 2025) but also to the implementation of the international presence, with entry into Vietnam and Kazakhstan.


In 2023 Škoda achieved a record turnover of 26.5 billion euros in 2023 and above all an operating profit that reached 1.8 billion (+182.3%) on an annual basis with a return on sales (ROS) of 6.7 % while in 2022 it was 3%.


Deliveries to customers reached 866,800 units in 2023, an increase of 18.5% compared to the previous year.

The 100% electric Enyaq model recorded by far the highest growth of all Škoda models, at 52.1% year-on-year.


Škoda is also determinedly implementing plans in the areas of digitalisation and electrification, with a commitment to investing billions of euros in electric mobility in the coming years.


"With our results for 2023 - commented Klaus Zellmer, CEO of Škoda Auto, he states: we have once again demonstrated the resilience of our business model and great flexibility. Our strategy has proven effective and our range of diversified models, combining the best of both worlds, continues to find favor with the public. Today we present the next important step in this regard: the design of our new fully electric City SUV Škoda Epiq, which will be officially presented in 2025 with a price of around 25,000 euros, which will make electric mobility even more accessible."

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Source: ansa

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