Škoda Continues on its Successful Path in the First Quarter

Škoda has continued its successful course in the first quarter and significantly increased its deliveries, production, and the financial result. From January to March 2011, deliveries to customers rose 21.4% to 217,124 vehicles (previous year: 178,901 units). At the same time, production was increased 28.4% to 174,970 vehicles. The financial figures of the company also developed positively. Thus, sales revenues rose 32.7% to €2.7 billion in the first three months of the year. During the same period, the operating profit grew 87% to €187 million.

Within the framework of a comprehensive growth strategy, the Czech automobile manufacturer wants to double its worldwide sales to 1.5 million vehicles until 2018, compared to the year 2010.