2007 most successful fiscal year of all time: Audi

12 March 2008

Ingolstadt: Fiscal year 2007 has been the best, ever, says Audi AG.

Audi once again notched up record figures for production, vehicle sales, revenue and profit in fiscal year 2007.

''We're looking back on the most successful fiscal year in the history of our company: We have achieved the twelfth consecutive record year for vehicle sales and we were able to increase all of the key financial figures to new record levels – we call that qualitative growth, since only profitable growth can secure our competitiveness in the long term,'' said Rupert Stadler, Chairman of the Board of Management of AUDI AG, at the Annual Press Conference in Ingolstadt.

With a rise of 5.7 per cent in vehicle sales, the Audi Group's sales revenue for the 2007 fiscal year attained a new record high of €33,617 million, compared to €31,142 in the previous year – an increase of 7.9 per cent.

With an operating result of €2,705 million (€2,015 the previous year), the company has registered significant growth of 34.2 per cent. ''This marks the highest profit from operating activities in the history of the company while also providing convincing evidence of the healthy and sustained growth of the Audi Group,'' emphasized Axel Strotbek, Member of the Board of Management for Finance and Organization of AUDI AG.

This success is particularly attributable to further improvements in the model mix through the sale of highly exclusive cars such as the Audi Q7, models from the TT family, the Audi A5 and the Audi R8 super sports car.