Sales revenue was up 6.6 per cent to 5.7 billion Euros (first half of 2011: 5.4 billion Euros). Operating profit grew by 9.0 per cent to 449 million Euros (first half of 2011: 412 million Euros).
“ŠKODA’s growth strategy has led to positive results in the first half of this year,” says ŠKODA 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.
Innovation and safety