After a Successful Year 2012: Audi Intends to Continue its Growth in 2013

  After a Successful Year 2012: Audi Intends to Continue its Growth in 2013

  PR Newswire

  INGOLSTADT, Germany, March 12, 2013

INGOLSTADT, Germany, March 12, 2013 /PRNewswire/ --

  *Approximately 1.45 million automobiles of the Audi brand were shipped in
    2012; €48.8 billion revenue, €5.4 billion operating profit and an
    operating return on sales of 11.0 percent.
  *Rupert Stadler, CEO of AUDI AG: "We surpassed our targets in 2012 and
    added an attractive premium brand, Ducati, to our brand portfolio."
  *Audi continues its record investment program: approximately €11 billion
    until 2015 for new technologies and innovations and for the expansion of
    worldwide manufacturing structures.
  *New Audi employees: In Germany alone, the company plans to recruit
    approximately 1,500 people and will offer 700 young people an
    apprenticeship.

The Audi Group surpassed its targets for the year 2012. Despite the
significant effects of the debt crisis in some countries and a contracting
overall market in Europe, the company posted record figures for production,
shipments, revenue and earnings. In the past financial year, the brand with
the four rings sold more than 1.45 million automobiles and increased its
revenue to €48.8 billion. The Audi Group was also able to increase its
operating profit to €5.4 billion, a record result in the company's history so
far. In the full year, the operating return on sales of 11.0 percent was above
the strategic target corridor of eight to ten percent. In 2013, the company
intends to continue its growth and gain additional customers. In addition, the
automobile manufacturer from Ingolstadt plans to recruit approximately 1,500
new employees in Germany alone, and will offer 700 young people an
apprenticeship or traineeship.

 (Logo: http://photos.prnewswire.com/prnh/20130312/601105 )

Audi presented all of its key figures for the past financial year at its
annual press conference held today at the company's headquarters in Ingolstadt
and attended by more than 300 international journalists. Rupert Stadler, the
CEO of AUDI AG, stated: "2012 was a very successful year for us. We surpassed
our targets and added an attractive premium brand, Ducati, to our brand
portfolio. We intend to continue our growth in 2013 and with two new plants
this year, we will create the right conditions to reinforce our claim to
leadership over the long term." As of 2016, Audi will produce the next
generation of the Q5 at its new plant in San José Chiapa, Mexico.

2012 was another year of record figures for Audi: Worldwide, the company
shipped 1,455,123 automobiles of the Audi brand (2011: 1,302,659). That
represents growth of 11.7 percent or approximately 152,500 additional
customers. The brand with four rings increased its revenue by 10.6 percent to
€48,771 million (2011: €44,096 million).

Despite the increasingly difficult economic situation, the Audi Group slightly
increased its operating profit to the new record figure of €5,380 million in
2012 (2011: €5,348 million). The operating return on sales of 11.0 percent
(2011: 12.1 percent) was once again significantly above the target corridor of
eight to ten percent.

Distribution costs amounted to €4,593 million in 2012 (2011: €3,599 million).
The increase compared with the prior year is due to the larger sales volume
and higher marketing costs, as well as the market launch of additional models
and the implementation of strategic sales concepts such as Audi City in London
and Beijing.

The Audi Group's net financial income in the year under review amounted to
€576 million (2011: €692 million). As a result, the Group posted profit before
tax of €5,956 million (2011: €6,041 million).

The main return figures reflect the company's strong profitability. They
demonstrate that the Audi Group continues to be one of the world's most
successful automobile manufacturers. In addition to the operating return on
sales of 11.0 percent, the return on sales before taxes reached the excellent
level of 12.2 percent (2011: 13.7 percent). The return on capital was 30.9
percent (2011: 35.4 percent).

For Axel Strotbek, Board of Management Member for Finance and Organization at
AUDI AG, the company's high profitability reflects the success of the growth
strategy. The CFO regards investing in the future as evidence of farsighted
management: "We already initiated the biggest investment program in our
history in 2011. We now plan total investment averaging more than €3.5 billion
each year until 2015, in order to effectively pursue our growth path."

The company would not be able to meet its targets without highly motivated
employees. The Board of Management therefore thanks all members of the Audi
workforce for their efforts and commitment. Once again, the employees of AUDI
AG will benefit from a profit share for last year: Employees at the German
sites covered by collective pay agreements will receive an average profit
share of €8,030. For the year 2013, AUDI AG plans to recruit 1,500 additional
employees in Germany alone. And once again, approximately 700 young people
will start an apprenticeship or traineeship at Audi this year.

The Audi Group anticipates a slight increase in revenue in the years 2013 and
2014. The development of earnings will profit not only from the targeted
growth in unit sales, but also from the continuous improvements in
productivity and processes initiated in the past, as well as from efficient
corporate structures. Despite high expenditure for new products and
technologies - in particular to fulfill stricter CO [2] regulations all over
the world and investments to expand the international production network - the
company anticipates an operating return on sales at the upper end of the
strategic target corridor of eight to ten percent.

Further information: http://www.audi-mediaservices.com/apc2013 Communication
Corporate Julio Schuback Press Spokesman Finance and Organization Telephone:
+49-841-89-38455 E-mail: julio.schuback@audi.de
http://www.audi-mediaservices.com
 
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