Audi Sees First Half 2014 Revenues Rise 5.8% as Net Profit Climbs 6.7% To 2.32 Billion Euro -Operating Margin at 10%

Audi Sees First Half 2014 Revenues Rise 5.8% as Net Profit Climbs 6.7% To 2.32 Billion Euro -Operating Margin at 10%
the first six months of 2014 as sales of premium cars rose to a new record.

Net profit increased 6.7 per cent to 2.32 billion euros ($3.10 billion) from 2.18 billion a year earlier, Volkswagen-owned Audi said on Friday.

The Ingolstadt-based carmaker aims to increase deliveries "significantly" beyond 1.6 million autos this year, Audi said, reaffirming targets after selling a record 869,355 cars and sport-utility vehicles in the first half of the year.
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randy3023randy3023 - 8/5/2014 12:52:15 PM
-2 Boost
LOL. All you people buying Audis are just donating shitloads money to the 'poor' executives of the Volkswagen group. They are ripping you off and you all are too brand-obsessed to care!


gkearns56gkearns56 - 8/5/2014 1:57:43 PM
+1 Boost
And BMW or MB fanboys aren't???


JRobUSCJRobUSC - 8/5/2014 2:26:45 PM
+2 Boost
how is that different than buying anything, of any kind, from any company?


jeffgalljeffgall - 8/5/2014 10:59:29 PM
-2 Boost
10% operating margin is not that much. If you are backing a car company doing lower, they are not managing their business properly.


gkearns56gkearns56 - 8/6/2014 7:07:45 PM
+2 Boost
@jeff-daGull You either no absolutely nothing about business or you are truly some idiot about expenses/revenue; General Ledgers and bottom lines. If I am making a nice positive cash flow, this is obviously better than LOSING money. Additionally, when you make 10% PROFIT on BILLIONS and BILLIONS of dollars, I'd say any company in the state is OK. Remind us all not to hire you any time soon as an accountant for our company.


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