Carmaker ŠKODA AUTO generated revenues totalling EUR 9.3bn in 9M 2015, up 5.7% y/y. Operating result grew 12.7% to EUR 734m. The growth was driven by model mix effects, improved material costs and the development of exchange rates. ŠKODA AUTO´s board of directors member responsible for sales and marketing, Werner Eichhorn, has stated that the results indicate that the model portfolio remains successful on the market. Return on revenues totalled 7.9% at the end of September (up 0.5 p.p.) and net liquidity grew 32.3% to EUR 3.0bn. Investments without activated development costs totalled EUR 277
Source: www.cianews.cz
