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Škoda Auto’s revenues grow 9.8% to EUR 13.7bn

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Czech automaker ŠKODA AUTO recorded a growth I its revenues by 9.8% y/y to EUR 13.7bn. Its operating profit increased 30.9% to EUR 1.2bn. According to information provided by concern Volkswagen, the growth was caused by a positive mixture of the sales volume and offer and the cost optimisation. As ČINEWS informed earlier, automaker’s global sales increased 6.8% to 1,127,700 in 2016. The company will introduce a total of 11 model news in 2017.

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