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    TGS Signs Strategic Agreement with the Republic of Equatorial Guinea to Advance Seismic Data Development.

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

    René Obermann will not seek a new mandate as Director at the 2027 AGM and will step down from his position as Chair of the Board of Directors on 1 October 2026.

    NFP, an Aon Company, Acquires The Hamilton Group, LLC, Expanding P&C Capabilities in U.S. Northeast Region

    Amazon to Acquire Globalstar and Expand Amazon Leo Satellite Network

    First-ever WHO Forum unites 800+ Collaborating Centres for stronger scientific collaboration

  • National
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    • Economy & Politics
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    “Raitha Ratna” farmers’ reality show: Airs on Chandana Vahi on April 18.

    Karnataka Lokayukta Marks 40 Years of Resilience in Anti-Corruption Crusade.

    PHOTO CREDIT-MARKS SPENCER

    Marks & Spencer Introduces its new ‘Love That’ campaign – Inspired by the power of a simple compliment

    Raj Diamonds Launches Akshaya Tritiya Campaign Spotlighting “Ruby Splendour” and “Ancient Splendour” .

    315Work Avenue To Host IPC Cricket Tournament, Bringing Together Leading Real Estate Consulting Firms in Bengaluru.

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

  • Business

    JOS ALUKKAS ANNOUNCES “SPECIAL OFFERS FOR AKSHAYA TRITIYA”.

    TGS Signs Strategic Agreement with the Republic of Equatorial Guinea to Advance Seismic Data Development.

    BEL and i-TEK RFID Sign MoU to Drive Digital Transformation through AIDC Technologies.

  • Health

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Herbalife Logo

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    PHOTO CREDIT-| Syoat Kids

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

  • Technology
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    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    PHOTO CREDIT-SAMSUNGINDIA

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

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    Romario Shepherd reflects on journey from Guyana to RCB .

  • Entertainment

    “Raitha Ratna” farmers’ reality show: Airs on Chandana Vahi on April 18.

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

  • Lifestyle
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    PHOTO CREDIT-MARKS SPENCER

    Marks & Spencer Introduces its new ‘Love That’ campaign – Inspired by the power of a simple compliment

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Raj Diamonds Launches Akshaya Tritiya Campaign Spotlighting “Ruby Splendour” and “Ancient Splendour”

    Myntra Names Global Icon Alia Bhatt as Brand Ambassador for Myntra and Myntra Beauty

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Škoda Auto’s record-breaking 2024: A strong foundation for the intensifying transformation

FWM by FWM
March 14, 2025
in Auto
0
PHOTO CREDIT:Skoda-Auto-

PHOTO CREDIT:Skoda-Auto-

13. 3. 2025–

Outstanding financial performance in 2024: Škoda Auto Group achieved record sales revenue of €27.8 bn, an operating profit of €2.3 bn and a return on sales of 8.3%
› Prepared for the next transformation phase: Strong results allow the company to navigate the upcoming challenges from a position of strength
› Most up-to-date product range in the company’s history: Škoda Auto delivered 926,600 (+6.9% YoY) vehicles to customers worldwide
› Doubling all-electric sales ambitions for 2025: Brand new Elroq launched and new Enyaq presented
› Driving internationalisation: Urban SUV Kylaq launched on the Indian market, assembly operations to start in Vietnam, expansion of production in Kazakhstan

Mladá Boleslav, 13. March 2025 – 2024 was the best financial year in the history of Škoda Auto Group. It achieved a record sales revenue of €27.8 bn (+4.7%) and an operating profit of €2.3 bn (+30.0%). Net cash flow more than doubled, exceeding €2 bn (+116.2%), and return on sales further increased to 8.3%, reflecting the excellent overall financial performance and resilience of the company. These strong results are allowing the company to navigate the upcoming challenges of the intensified transformation from a position of strength. The further improved financial figures are primarily driven by higher sales, favourable mix effects, and beneficial exchange rates, alongside the consistent implementation of the Next Level Efficiency+ programme, with a strong focus on optimising costs. Škoda Auto delivered 926,600 vehicles to customers worldwide last year (+6.9%), with the Octavia remaining the brand’s bestseller (215,700 vehicles; +12.4%). Škoda recorded a sharp increase in deliveries across its main sales region Europe, where it outpaced the overall market and ranked as the fourth best-selling carmaker (2023: 7th position). Looking ahead, the company is well-positioned, offering its youngest and most comprehensive product portfolio to date comprising all drive types, with the all-electric compact SUV Elroq and the recently presented new Enyaq. Furthermore, Škoda is pressing ahead with its internationalisation efforts: At the newly built plant in Vietnam, assembly operations are set to begin in the upcoming weeks, while the all-new Kylaq urban SUV, developed in India for India, will support the brand’s sales target of 100,000 units by 2026 in its important growth market.

 

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