Audi Group stabilizes earnings in the first half of the year despite major challenges

The Audi Group stabilized its financial performance in the second quarter of 2024. At the same time, Audi is putting numerous new models on the road. Following the world premiere of the new Audi A5, the second all-electric model on the Premium Platform Electric (PPE), the Audi A6 e-tron, will follow at the end of July. At the same time, the Audi Group is working intensively on achieving its economic targets with the Performance Program 14. Revenue amounted to €30.9 billion in the first half of the year, down 9.5 percent on the strong prior-year figure. Operating profit amounted to €2.0 billion. The operating margin reached 6.4 percent and net cash flow €1.1 billion. The Brand Group Progressive** delivered 843,991 vehicles in the first six months. The share of electric vehicles (BEV) developed positively, with 76,657 models delivered (+ 1.3 percent).
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