After a solid fiscal year 2023: Audi strengthens and expands its product portfolio

After a solid fiscal year 2023: Audi strengthens and expands its product portfolio

CEO Gernot Döllner: “We are positioning ourselves for the future economically, technologically, and strategically. The Q6 e-tron* is the next technological leap in electric mobility from Audi.”
CFO Jürgen Rittersberger: “Audi has the financial strength to succeed even in times of technological change and more intense competition.”
Revenue increases to €69.9 billion, operating profit to €6.3 billion, net cash flow nearly on par with previous year at €4.7 billion

Dubai, United Arab Emirates (Mar 2024): The Audi Group has achieved a solid result in the 2023 fiscal year under challenging economic conditions. Revenue rose by 13.1 percent to €69.9 billion, the operating profit was €6.3 billion, and the operating margin was 9.0 percent. Net cash flow was nearly on par with the previous year at €4.7 billion. With numerous new models, Audi will significantly strengthen and expand its product portfolio in the coming years: The world premiere of the fully electric Audi Q6 e-tron*, the first model on the new Premium Platform Electric (PPE), heralds a series of product launches. More than 20 new models are planned for 2024 and 2025.

“We are positioning ourselves for the future economically, technologically, and strategically, and we are putting our new products on the street one by one,” says Gernot Döllner, CEO of AUDI AG. “The basis is a binding agenda focused on our key areas of activity: financial performance, excellent products, and a flexible and agile corporate structure. In this way, we are accelerating the transformation in a challenging economic environment.”

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