Audi Hungaria Plc.'s sales revenue increased by 7.9% last year compared to 2022, it was announced on Tuesday in Győr at a press conference presenting the results.
Last year, the company achieved sales revenue of EUR 9.102 billion (HUF 3,602.4 billion), which is EUR 666 million (HUF 263.6 billion) more than in the previous year.
Its after-tax profit was EUR 354 million (HUF 140.1 billion), EUR 11 million (HUF 4.4 billion) more than in 2022.
Last year, 1,660,425 engines were produced in Győr, of which 114,058 were electric. In 2022, 1,677,545 engines were produced, of which 108,097 were electric.
Last year, 177,775 vehicles were produced, 6,641 more than in 2022.
In 2023, the company invested EUR 343 million (HUF 135.8 billion), and since its foundation in 1993, a total of EUR 12.5 billion (HUF 4,947.3 billion).
At the end of last year, the company employed 11,663 people, and together with Audi Hungaria Ahead Ltd. 12,143 people.
Michael Breme, Chairman of the Board of Directors of Audi Hungaria Plc,, said that last year had been a challenging year, but that they had been able to secure jobs and production stability. Production volumes were at a high level, he said.
He added that their Next level strategy was essential to maintain Audi Hungaria's competitiveness in the region.
Touching on this year's plans, Michael Breme said that external distractions make the challenges complex, so it is important to rely on their own strengths. The company will continue series production of PPE drives, start production of the Cupra Terramar model this year, and continue preparations for the next generation of electric motors, MEBeco drives.
Patrick Heinecke, Member of the Board of Management of Audi Hungaria Plc. responsible for Finance, Purchasing, IT and Compliance, said of the profit after tax that one-off cost items were taken into account, which is why it came out so high. If they had not been able to apply them, the after-tax result would have been only EUR 2 million (HUF 792 million), he added.
In financial terms, the biggest challenges last year were rising material costs, inflation, high energy prices and the EUR/HUF exchange rate.
Cost pressures will continue to challenge the company this year, he said, adding that cost discipline is a sine qua non for the company's competitiveness.
Patrick Heinecke also said that, including suppliers, the company employs around 50,000 people.
Audi Hungaria Plc.'s wholly-owned subsidiary Audi Hungaria Ahead Ltd., founded last year, employs nearly 500 people and provides IT services for around 200 sites worldwide, he said.
Győr-based Audi Hungaria Plc. is a member of the Audi Group and the central engine supplier to the Audi and Volkswagen Group. The Audi Q3 and Q3 Sportback models, which are also available with electric drive trains, are produced in Győr. The company supplies a number of aluminum body components for various Volkswagen Group brands and is also increasingly active in the fields of powertrain and vehicle development.


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