Skoda achieves operating profit of 228 million euros in H1 2020

The Skoda Auto Group’s sales revenue was €7.55 billion in the first six months, but the operating profit still amounted to €228 million – despite the 39-day shutdown of the Czech plants and the disruption to the sales channels, particularly in April.

Against this background, the return on sales stood at 3.0%. Skoda Auto delivered a total of 426.700 vehicles to customers from January to June.

Provided the COVID-19 situation does not deteriorate significantly again, Skoda Auto expects the conditions on the world markets to stabilise gradually over the coming weeks and months.

Investments in tangible assets remained at a high level of 261 million euros over the past six months.

The manufacturer plans to launch 30 new models, derivatives, product upgrades or variants between 2019 and the end of 2022.