Audi achieves strong opening in a severe financial year 2017 and accelerates business transformation

Posted on 15. Mar, 2018 by in Audi Canada

“In 2017, we demonstrated entrepreneurial strength and above all formulated a energetic master devise for a entrance years,” says Rupert Stadler, Chairman of a Board of Management of AUDI AG. “We intend to play a heading purpose in a endless shake confronting a industry. By 2022 alone, we have designed some-more than €40 billion for expansion activities and investment. We are origination Audi fit for this goal with a Action and Transformation Plan.”

Audi’s Action and Transformation Plan aims to grasp certain gain effects totaling €10 billion by 2022 and to accelerate a organizational realignment for destiny business models. “We are implementing a module of measures fast and systematically, we are apropos some-more fit and we are investing freed-up resources in new, essential growth. This has already authorised us to confirm 4 additional new models and derivatives with an unvaried budget,” says Alexander Seitz, Member of a Board of Management for Finance, IT and Integrity. Audi stays committed to a aim lapse on sales of 8 to 10 percent also in perspective of a ubiquitous boost in upfront expenditures for a future. With a Action and Transformation plan, routine potency in technical expansion for instance is to urge by adult to 30 percent, partially as a outcome of clever practical development. With courtesy to a complete mutation proviso via a Group, Audi has increasing a bill for serve training by a third to a sum of some-more than €0.5 billion by 2025.

The technological vanguard for a Action and Transformation Plan is a Audi Aicon. Presented during a 2017 Frankfurt Motor Show, this investigate stands for Audi’s prophesy of destiny reward mobility and value creation. Following that inspiration, Audi has determined a expansion of a luxurious, entirely electric and entirely connected long-distance loll in a long-term indication planning.

The Four Rings have significantly broadened their electrification roadmap opposite a whole indication portfolio. For a electric mobility of tomorrow, a code is collaborating closely with Porsche and Volkswagen. This will outcome in automobile architectures that are uncompromisingly tailored for electric driving, and that concede vital synergies within a VW Group. Already in 2025, Audi will offer some-more than 20 electrified models that will comment for one third of section sales. As a sporty spearhead, a reward manufacturer announced during a annual press discussion a rarely dynamic, four-door Gran Turismo with quite electric drive. Production will start early in a entrance decade during a Böllinger Höfe site nearby Neckarsulm. “We appreciate sportiness really gradually with a entirely electric e-tron GT, and this is how we will take a high-performance code Audi Sport into a future,” says Stadler.

In China, a Four Rings set a march final year for a endless marketplace push. Together with a corner try partner FAW, a association will significantly enhance a indication range, generally with courtesy to electric expostulate and sporty SUVs. Ten SUV versions though predecessors are designed for a entrance 5 years, 7 of that will be constructed locally. This means that a Audi portfolio constructed locally during FAW-VW will be some-more than doubled by 2022. With a corner investiture of a new sales association and a corner try for mobility and digital services, Audi and a FAW Group are restructuring their business in China for a subsequent expansion phase. In addition, AUDI AG is in constructive talks with SAIC about destiny team-work in sequence to serve strengthen a impasse in a Chinese market.

With some-more than 20 marketplace launches this year, Audi will conduct a biggest model initiative in a history. The code will benefaction new automobiles in 6 of a core indication array and constantly start their production. Late this year, a Four Rings’ initial entirely electric series-produced indication will be launched: a Audi e-tron. This SUV allows fast-charging during adult to 150 kilowatts, origination it prepared for long-distance use again in reduction than half an hour. The e-tron will be constructed totally CO2-neutral during a converted Brussels plant where also a model’s batteries will be assembled. Audi Hungaria is prepared to start prolongation of a SUV’s electric engine in Győr, Hungary.

With a acclimatisation of a Brussels plant for a Audi e-tron, a code is this year reorganizing a prolongation network for critical models in sequence to serve optimize efficiency. Manufactured in Brussels today, a Audi A1 will be located in a subsequent era during a SEAT plant in Martorell, Spain. The Audi Q3 now constructed there will be fabricated by Audi Hungaria after a indication change. From early 2019 on, a A3 Sedan will be constructed in team-work between a stream prolongation site in Győr and a Ingolstadt plant. With courtesy to a countless changes in a Audi portfolio and a prolongation network, Seitz says: “2018 is an well-developed year and requires a attainment of strength from Audi, that will compensate off in a prolonged tenure from 2019 on.”

In a past financial year, deliveries of Audi cars rose, notwithstanding a arriving era changeovers for many models, by 0.6 percent to a all-time high of 1,878,105 automobiles (2016: 1,867,738). Whereas unusual effects in tie with a brand’s vital fixing in China negatively impacted a initial half of a year, a clever boost in tellurian direct for SUVs and continued Audi expansion in a disappearing US marketplace had a certain outcome on sales. Despite a adverse banking environment, a Audi Group’s income increasing by 1.4 percent to €60,128 million in 2017 (2016: €59,317 million), leading a symbol of €60 billion for a initial time and some-more than doubling over a past 8 years. In 2009, a Audi Group posted income of €29,840 million.

Operating distinction before special equipment for 2017 amounts to €5,058 million, representing an boost of 4.4 percent (2016: €4,846 million). The handling lapse on sales before special equipment final year increasing to 8.4 percent (2016: 8.2 percent) and was within a vital aim mezzanine of 8 to 10 percent. With a inclusion of business in China, that is presented underneath financial result, a handling domain would be one commission indicate higher.

The SPEED UP! module instituted in 2016 to strengthen cost fortify in a brief tenure resulted in a certain gain outcome of approximately €1 billion in 2017. This was especially due to potency gains in investigate and development, as good as reduce placement costs. SPEED UP! was successfully finished during a finish of a year and has been enclosed in a Action and Transformation Plan.

With courtesy to a allotment agreements on a V6 3.0 TDI diesel emanate in North America, in 2017 a Audi Group updated a dimensions assumptions of supplies in a change piece opposite a backdrop of endless and technically formidable buyback and retrofit programs. This led to disastrous special equipment in an volume of €387 million. They embody output and provisioning for technical measures and authorised risks. In a prior year, disastrous special equipment of €1,794 million were enclosed in Audi’s combined financial statements. In serve to a V6 3.0 TDI diesel emanate in North America, they were also associated to potentially inadequate Takata airbags. For a year 2017, a bottom line shows handling distinction of €4,671 million (2016: €3,052 million) and an handling lapse on sales of 7.8 percent (2016: 5.1 percent). Audi achieved distinction before taxation of €4,783 million (2016: €3,047 million). The clever boost is due not usually to reduce disastrous special items, though also to a softened financial result.

In appreciation of their good joining in a severe 2017 financial year, Audi’s employees will attend in a company’s success. The Audi distinction pity bonus increases for a learned workman during a plant in Germany to €4,770 (2016: €1,850 on normal and €1,300 special bonus). For Audi subsidiaries, particular arrangements for reward payments have been established.

The Audi Group supposing justification of a high self-financing strength once again in 2017. In a context of a product beginning and reorder of a prolongation network, collateral output amounted to €3.9 (2016: €3.4) billion. At a same time, a association achieved a significantly certain net money upsurge of €4.3 (2016: €2.1) billion. This pivotal opening indicator was shabby by high one-time effects: a sale of a minority interest in Volkswagen Group Services S.A. (Belgium) had a certain impact, since approaching money outflows in tie with a diesel emanate had a disastrous impact. Also after adjusting for these hostile unusual effects, net money upsurge was aloft than in a prior year.

In a current financial year, Audi skeleton to again grasp a 2017 record turn of automobile deliveries, nonetheless a countless indication changes will during initial have a dampening effect. Revenue should boost slightly. Implementing a Action and Transformation Plan, a association aims during an handling lapse on sales within a aim mezzanine of 8 to 10 percent, notwithstanding high ramp-up costs and upfront expenditures for a future. With a unchanging vital concentration and prioritization, Audi anticipates a ratio of investigate and expansion output to income to be somewhat above a vital aim mezzanine of 6.0 to 6.5 percent. The ratio of collateral output to income is approaching to tolerably surpass a aim mezzanine of 5.0 to 5.5 percent. The net money upsurge should be between €2.7 billion and €3.2 billion.

Overview of comparison pivotal total of a Audi Group

Download Annual Report: www.audi.com/ar17

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Audi achieves strong opening in a severe financial year 2017 and accelerates business transformation

Posted on 15. Mar, 2018 by in Audi Canada

“In 2017, we demonstrated entrepreneurial strength and above all formulated a energetic master devise for a entrance years,” says Rupert Stadler, Chairman of a Board of Management of AUDI AG. “We intend to play a heading purpose in a endless shake confronting a industry. By 2022 alone, we have designed some-more than €40 billion for expansion activities and investment. We are origination Audi fit for this goal with a Action and Transformation Plan.”

Audi’s Action and Transformation Plan aims to grasp certain gain effects totaling €10 billion by 2022 and to accelerate a organizational realignment for destiny business models. “We are implementing a module of measures fast and systematically, we are apropos some-more fit and we are investing freed-up resources in new, essential growth. This has already authorised us to confirm 4 additional new models and derivatives with an unvaried budget,” says Alexander Seitz, Member of a Board of Management for Finance, IT and Integrity. Audi stays committed to a aim lapse on sales of 8 to 10 percent also in perspective of a ubiquitous boost in upfront expenditures for a future. With a Action and Transformation plan, routine potency in technical expansion for instance is to urge by adult to 30 percent, partially as a outcome of clever practical development. With courtesy to a complete mutation proviso via a Group, Audi has increasing a bill for serve training by a third to a sum of some-more than €0.5 billion by 2025.

The technological vanguard for a Action and Transformation Plan is a Audi Aicon. Presented during a 2017 Frankfurt Motor Show, this investigate stands for Audi’s prophesy of destiny reward mobility and value creation. Following that inspiration, Audi has determined a expansion of a luxurious, entirely electric and entirely connected long-distance loll in a long-term indication planning.

The Four Rings have significantly broadened their electrification roadmap opposite a whole indication portfolio. For a electric mobility of tomorrow, a code is collaborating closely with Porsche and Volkswagen. This will outcome in automobile architectures that are uncompromisingly tailored for electric driving, and that concede vital synergies within a VW Group. Already in 2025, Audi will offer some-more than 20 electrified models that will comment for one third of section sales. As a sporty spearhead, a reward manufacturer announced during a annual press discussion a rarely dynamic, four-door Gran Turismo with quite electric drive. Production will start early in a entrance decade during a Böllinger Höfe site nearby Neckarsulm. “We appreciate sportiness really gradually with a entirely electric e-tron GT, and this is how we will take a high-performance code Audi Sport into a future,” says Stadler.

In China, a Four Rings set a march final year for a endless marketplace push. Together with a corner try partner FAW, a association will significantly enhance a indication range, generally with courtesy to electric expostulate and sporty SUVs. Ten SUV versions though predecessors are designed for a entrance 5 years, 7 of that will be constructed locally. This means that a Audi portfolio constructed locally during FAW-VW will be some-more than doubled by 2022. With a corner investiture of a new sales association and a corner try for mobility and digital services, Audi and a FAW Group are restructuring their business in China for a subsequent expansion phase. In addition, AUDI AG is in constructive talks with SAIC about destiny team-work in sequence to serve strengthen a impasse in a Chinese market.

With some-more than 20 marketplace launches this year, Audi will conduct a biggest model initiative in a history. The code will benefaction new automobiles in 6 of a core indication array and constantly start their production. Late this year, a Four Rings’ initial entirely electric series-produced indication will be launched: a Audi e-tron. This SUV allows fast-charging during adult to 150 kilowatts, origination it prepared for long-distance use again in reduction than half an hour. The e-tron will be constructed totally CO2-neutral during a converted Brussels plant where also a model’s batteries will be assembled. Audi Hungaria is prepared to start prolongation of a SUV’s electric engine in Győr, Hungary.

With a acclimatisation of a Brussels plant for a Audi e-tron, a code is this year reorganizing a prolongation network for critical models in sequence to serve optimize efficiency. Manufactured in Brussels today, a Audi A1 will be located in a subsequent era during a SEAT plant in Martorell, Spain. The Audi Q3 now constructed there will be fabricated by Audi Hungaria after a indication change. From early 2019 on, a A3 Sedan will be constructed in team-work between a stream prolongation site in Győr and a Ingolstadt plant. With courtesy to a countless changes in a Audi portfolio and a prolongation network, Seitz says: “2018 is an well-developed year and requires a attainment of strength from Audi, that will compensate off in a prolonged tenure from 2019 on.”

In a past financial year, deliveries of Audi cars rose, notwithstanding a arriving era changeovers for many models, by 0.6 percent to a all-time high of 1,878,105 automobiles (2016: 1,867,738). Whereas unusual effects in tie with a brand’s vital fixing in China negatively impacted a initial half of a year, a clever boost in tellurian direct for SUVs and continued Audi expansion in a disappearing US marketplace had a certain outcome on sales. Despite a adverse banking environment, a Audi Group’s income increasing by 1.4 percent to €60,128 million in 2017 (2016: €59,317 million), leading a symbol of €60 billion for a initial time and some-more than doubling over a past 8 years. In 2009, a Audi Group posted income of €29,840 million.

Operating distinction before special equipment for 2017 amounts to €5,058 million, representing an boost of 4.4 percent (2016: €4,846 million). The handling lapse on sales before special equipment final year increasing to 8.4 percent (2016: 8.2 percent) and was within a vital aim mezzanine of 8 to 10 percent. With a inclusion of business in China, that is presented underneath financial result, a handling domain would be one commission indicate higher.

The SPEED UP! module instituted in 2016 to strengthen cost fortify in a brief tenure resulted in a certain gain outcome of approximately €1 billion in 2017. This was especially due to potency gains in investigate and development, as good as reduce placement costs. SPEED UP! was successfully finished during a finish of a year and has been enclosed in a Action and Transformation Plan.

With courtesy to a allotment agreements on a V6 3.0 TDI diesel emanate in North America, in 2017 a Audi Group updated a dimensions assumptions of supplies in a change piece opposite a backdrop of endless and technically formidable buyback and retrofit programs. This led to disastrous special equipment in an volume of €387 million. They embody output and provisioning for technical measures and authorised risks. In a prior year, disastrous special equipment of €1,794 million were enclosed in Audi’s combined financial statements. In serve to a V6 3.0 TDI diesel emanate in North America, they were also associated to potentially inadequate Takata airbags. For a year 2017, a bottom line shows handling distinction of €4,671 million (2016: €3,052 million) and an handling lapse on sales of 7.8 percent (2016: 5.1 percent). Audi achieved distinction before taxation of €4,783 million (2016: €3,047 million). The clever boost is due not usually to reduce disastrous special items, though also to a softened financial result.

In appreciation of their good joining in a severe 2017 financial year, Audi’s employees will attend in a company’s success. The Audi distinction pity bonus increases for a learned workman during a plant in Germany to €4,770 (2016: €1,850 on normal and €1,300 special bonus). For Audi subsidiaries, particular arrangements for reward payments have been established.

The Audi Group supposing justification of a high self-financing strength once again in 2017. In a context of a product beginning and reorder of a prolongation network, collateral output amounted to €3.9 (2016: €3.4) billion. At a same time, a association achieved a significantly certain net money upsurge of €4.3 (2016: €2.1) billion. This pivotal opening indicator was shabby by high one-time effects: a sale of a minority interest in Volkswagen Group Services S.A. (Belgium) had a certain impact, since approaching money outflows in tie with a diesel emanate had a disastrous impact. Also after adjusting for these hostile unusual effects, net money upsurge was aloft than in a prior year.

In a current financial year, Audi skeleton to again grasp a 2017 record turn of automobile deliveries, nonetheless a countless indication changes will during initial have a dampening effect. Revenue should boost slightly. Implementing a Action and Transformation Plan, a association aims during an handling lapse on sales within a aim mezzanine of 8 to 10 percent, notwithstanding high ramp-up costs and upfront expenditures for a future. With a unchanging vital concentration and prioritization, Audi anticipates a ratio of investigate and expansion output to income to be somewhat above a vital aim mezzanine of 6.0 to 6.5 percent. The ratio of collateral output to income is approaching to tolerably surpass a aim mezzanine of 5.0 to 5.5 percent. The net money upsurge should be between €2.7 billion and €3.2 billion.

Overview of comparison pivotal total of a Audi Group

Download Annual Report: www.audi.com/ar17

Tags: ,

Comments are closed.