Preview: Audi sets strategic path in challenging year 2016

Audi sets strategic path in challenging year 2016

  • Robust core business: growth in car deliveries and revenue, operating return on sales before special items within target corridor at 8.2 percent
  • Diesel issue and Takata airbags: after special items of €1.8 billion, operating profit of €3.1 billion and operating return on sales of 5.1 percent
  •  High self-financing strength: net cash flow of €2.1 billion, net liquidity rises to €17.2 billion
  • Model initiative: two new SUVs by 2019, three electric cars by 2020, successors for important model series by 2018
  • New subsidiary: Autonomous Intelligent Driving GmbH is developing technologies for robot cars 

In the coming years, Audi will significantly rejuvenate its product range, will launch several electric cars and will enter new digital business areas. The robust core business forms the basis for the required advance expenditure. The Audi Group’s revenue increased to €59.3 billion in 2016 and its operating return on sales before special items was 8.2 percent. The company recognized provisions totaling €1.8 billion for the resolution of the V6 3.0 TDI diesel issue and in connection with Takata airbags. After these special items, operating profit amounted to €3.1 billion, resulting in an operating return on sales of 5.1 percent. 

Contact us
Sofie Luyckx PR Manager Audi Belgium, D'Ieteren - Audi Import
David Kervyn PR Coordinator Audi Belgium, D'Ieteren - Audi Import
About Audi Belgium

D'Ieteren s.a.

In existence since 1805, and across family generations, D’Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The group has currently three activities articulated around strong brands:

  • D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of around 22% and 1.2 million vehicles on the road at the end of 2016. Sales and adjusted operating result reached respectively EUR 3.1 billion and EUR 75.8 million in FY 2016.
  • Belron (54.85% owned) makes a difference by solving people’s problems with real care. It is the worldwide leader in vehicle glass repair and replacement, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass®. In addition, it manages vehicle glass and other insurance claims on behalf of insurance customers. Belron is also expanding its services to focus on solving problems for people who need assistance with repairs to their vehicles. Sales and adjusted operating result reached respectively EUR 3.3 billion and EUR 190.7 million in FY 2016.
  • Moleskine (100% owned) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across 102 countries. Sales and operating result reached respectively EUR 145.2 million and EUR 34.0 million on a stand-alone basis in
    FY 2016.

Audi Belgium
Industriepark Guldendelle
Arthur De Coninckstraat 3
3070 Kortenberg