Skoda Auto sees 2013 operating profit drop 26.7 pct to Kc14.3bn


13.03.2014 11:12

Wolfsburg - Skoda Auto´s operating profit fell by 26.7 percent to EUR522m (Kc14.3bn) last year, and sales dipped by 1.1 percent to EUR10.32bn (Kc282.4bn), the German group Volkswagen said in a press release today.


Logo automobilky Škoda. ČTK/AP

The profit fall was due to lower sales and exchange rate developments, Volkswagen said.

Skoda Auto said earlier it supplied 920,800 cars to customers last year, an annual drop of 2 percent.

Skoda presented eight new/remade models in 2013.

The largest Czech car maker produced 932,000 units last year, down 1.2 percent on the year. Operating profit made up 5.1 percent of sales, a drop from 6.8 percent in 2012.

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