OREANDA-NEWS. ŠKODA stays in the fast lane. In the first half of 2016 the Czech car manufacturer was able to significantly increase customer deliveries, sales revenue and operating profit. 569,400 cars sold (up 4.6%) in the period from January to June break the brand’s record in customer deliveries. Sales revenue grew 10.8% to 7.114 billion euros, exceeding the level of seven billion euros in the first half-year for the first time in history. The operating profit increased by 31.2% to 685 million euros year-on-year.

“Investments in the model range have paid off to ŠKODA. In the first half of 2016 the demand for our cars exceeded our expectations. The solid order situation ensures full utilization of the production capacity and high return on quality,” comments ŠKODA CEO Bernhard Maier. “We plan to follow up on our continuous growth strategy next year, too. That is why, among other things, ŠKODA launches its SUV offensive. In terms of segment, the new ŠKODA KODIAQ is a model standing on the starting line,” adds Maier.

Sales revenue grew 10.8% to 7,114 billion euros in the first half-year (first half of 2015: 6,421 billion euros). In the same period the operating profit reached 685 million euros (January to June 2015: 522 million euros), which represents an increase by 31.2%.