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.

Written by:

More from "News in English"

comments powered by Disqus


46 let od srpnového vpádu vojsk Varšavské smlouvy do Československa

Ukrajinská krize
Ukrajinská krize

Průnik ozbrojenců do Luhanska, Putinův konvoj na celnici

Velikost textu: a a A