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Skoda Posts Good Financial Results for First Half of 2012

Skoda today released its financial results for the first half of the current year, with the company reporting an increase on multiple fronts. Customer deliveries saw an increase of 8.4 percent to 493,000 cars between January and June this year,
Skoda Rapid 1 photo
Photo: Skoda
At the same time, sales revenue was boosted by 6.6 percent to EUR5.7 billion($). This was driven by surging sales registered on almost all markets In addition to that, operating profit was increased by 9 percent to EUR449 million ($), as Skoda introduced a new product offensive.

“SKODA’s growth strategy has led to positive results in the first half of this year,” says SKODA CEO Winfried Vahland. “We have grown in all relevant fields, thus creating a good base for the second half, which will be challenging for the automobile industry because of the economic situation in Europe,” he added.
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About the author: Andrei Tutu
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In his quest to bring you the most impressive automotive creations, Andrei relies on learning as a superpower. There's quite a bit of room in the garage that is this aficionado's heart, so factory-condition classics and widebody contraptions with turbos poking through the hood can peacefully coexist.
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