ŠKODA Sales Results

ŠKODA AUTO’s first-quarter results

ŠKODA AUTO’s first-quarter results

4. 5. 2020

The Covid-19 pandemic affected ŠKODA AUTO’s business development in the first quarter of 2020. ŠKODA delivers 232,900 vehicles (-24.3%) to customers worldwide.

ŠKODA AUTO Group* achieved sales revenues of 4.85 billion euros in the first quarter of 2020, 1.4% below the previous year’s figure. Operating profit reached 307 million euros and thus remains at a solid level, as does the return on sales at 6.3%. However, comparing these figures to the record year of 2019 clearly shows that ŠKODA’s overall business has been severely affected by the current economic situation and the necessary measures to prevent the further spread of the Covid-19 pandemic. A look at the deliveries demonstrates this: From January to March 2020, the Czech car manufacturer delivered 232,900 vehicles to customers worldwide, which is significantly lower than the previous year (first quarter of 2019: 307,600 vehicles; -24.3%). Nevertheless, the company continues to invest consistently in its future and is pursuing its transformation from a dedicated automaker to a ‘Simply Clever Company for the Best Mobility Solutions’.

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ŠKODA AUTO Group* – Quarterly comparison of key figures, from January to March 2020**

* The ŠKODA AUTO Group comprises ŠKODA AUTO a.s, ŠKODA AUTO Slovensko s.r.o., ŠKODA AUTO Deutschland GmbH, SKODA AUTO Volkswagen India Private Ltd. and a share in the company OOO VOLKSWAGEN Group RUS.
** Percentage deviations are calculated from non-rounded figures.
*** Comprises production in the ŠKODA AUTO Group, excluding production at partner assembly plants in China, Slovakia, Russia and Germany, but including other Group brands such as SEAT, AUD and VW; vehicle production excluding part/complete kits.
**** Comprises ŠKODA AUTO Group sales to distribution companies, including other Group brands such as SEAT, AUDI, VW, PORSCHE and LAMBORGHINI; vehicle sales excluding part/complete kits.

Deliveries in the first quarter of 2020:

In Western Europe, ŠKODA recorded a total of 106,700 deliveries between January and March (first quarter of 2019: 137,900 vehicles; -22.6%). On its second-largest single market, Germany, the manufacturer delivered 35,800 vehicles to customers in the first three months of the year (first quarter of 2019: 48,000 vehicles; -25.4%). In Norway, ŠKODA achieved double-digit growth in the first quarter of the year contrary to the overall trend: Delivering 1,700 vehicles corresponds to an increase of 25.4% compared to last year (first quarter of 2019: 1,400 vehicles).

In Central Europe, ŠKODA delivered 46,900 vehicles in the first quarter (first quarter of 2019: 52,300 vehicles; -10.2%). In the domestic market of the Czech Republic, deliveries in the first three months declined year-on-year to 21,300 vehicles (first quarter of 2019: 22,000; -3.3%). In Croatia, deliveries in this period rose to 1,500 vehicles, representing growth of 13.3% (first quarter of 2019: 1,300 vehicles).

In Eastern Europe excluding Russia, ŠKODA recorded 8,700 deliveries in the first quarter of the year (first quarter of 2019: 11,000 vehicles; -21.2%).

In Russia, the manufacturer increased its deliveries from January to March by 13.9% to 21,000 vehicles (first quarter of 2019: 18,400 vehicles).

In China, its largest single market worldwide, ŠKODA delivered 29,000 vehicles in the first quarter of the year (first quarter of 2019: 64,300 vehicles; -54.9%).

In India, the company recorded 3,100 deliveries between January and March (first quarter of 2019: 3,900 vehicles; -21.2%).

In Turkey, a total of 3,800 vehicles were delivered in the first quarter, representing an increase of 60.5% over the same period last year (first quarter of 2019: 2,300 vehicles).

ŠKODA deliveries to customers in the first quarter of 2020
(in units, rounded off, listed by model; +/- in per cent compared to previous year):

ŠKODA OCTAVIA (62,400; -32.5%)
ŠKODA KODIAQ (33,600; -5.8%)
ŠKODA KAROQ (30,200; -15.6%)
ŠKODA FABIA (27,300; -44.3%)
ŠKODA KAMIQ (25,500; +107.2%)
ŠKODA SUPERB (21,700; -23.3%)
ŠKODA SCALA (14,500; +3,572.8%)
ŠKODA RAPID (sold in China, Russia and India 14,200; -66.4%)
ŠKODA CITIGO (only sold in Europe: 3,400; -)

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