2015 was a difficult year for Volkswagen Group, starting last fall, when the Dieselgate scandal fired up. Skoda was also involved in the scandal, as most of its European engines were also affected by the recall. Even so, the Czech manufacturer managed to have a very good year, setting new records in terms of sales revenue and earnings.
Sales revenue rose to 12.5 billion euros (2014: 11.8 billion euros), surpassing the previous record, set in 2014, by 6.2%. Operating profit increased 12.0% to 915 million euros (2014: 817 million euros).
In 2015, Skoda delivered a record-breaking 1,055,500 vehicles to customers around the world. This represents an increase of about 18,300 vehicles or 1.8% over 2014 (1,037,200 deliveries).
The company’s growth continued into the beginning of 2016. By the end of February, Skoda’s global sales had climbed 4.5% to 170,300 vehicles, setting a new record for the first two months of a year.
“The increase in vehicle sales, a better mix in model versions sold and optimized material costs contributed to this profitable growth,” explains Skoda Chief Financial Officer Winfried Krause.