Friday 17 March 2023
Audi revenues up 16.4% in 2022 at 61.8 billion euros
The Audi Group ended fiscal year 2022 with record results. Revenues increased 16.4 percent to a record 61.8 billion euros. Operating profit gained nearly 40 percent to an all-time high of 7.6 billion. Group operating income reached 7.5 billion (up 37.3 percent), with operating margin growing to 12.2 percent from 10.4 percent in 2021. Net cash flow reached 4.8 billion, the second highest value in the company's history. Driving the financial performance were firm crisis management in a year of complex ...