Results

Deliveries and Profits Continue to Grow in Third Quarter

Škoda Auto maintained its strong performance from the first half of the year into the third quarter, reinforcing its position as Europe's third best-selling brand. Customer deliveries rose by 14,1% to 765,700 vehicles in the first nine months of the year. The financial results are equally robust. Revenue increased by 9.5% to €22.344 billion (over CZK 543 billion), whilst operating profit reached €1.79 billion (approximately CZK 43.5 billion) – 5.4% higher than last year.

Strong interest in electrified models played a key role in these results. Škoda delivered 150,700 such vehicles worldwide in the first three quarters, representing nearly a quarter of its European deliveries. The Elroq and Enyaq models ranked third and sixth respectively amongst the most popular electric cars in the region.

The Czech brand is outpacing the overall automotive market. It recorded higher sales across Western, Central and Eastern Europe – for instance, deliveries increased by more than half in Denmark and by over a fifth in Spain. A particularly notable achievement is reaching second place in Europe for sales to fleet customers (excluding company cars and leased vehicles).

With the launch of the compact Kylaq model, Škoda significantly strengthened its position in India, where it increased deliveries by 106.1%in the first nine months to reach a record 49,400 vehicles. Interest in Škoda cars also grew substantially in Turkey and Morocco.