Audi Group Generates Nine-month Operating Profit of € 4.2 Billion

Audi Group Generates Nine-month Operating Profit of € 4.2 Billion PR Newswire INGOLSTADT, Germany, October 29, 2012 INGOLSTADT, Germany, October 29, 2012 /PRNewswire/ -- Revenue of € 37.7 billion for January through September CFO Axel Strotbek: "After three quarters of the year, we are still well on track to reach our target for the year." Substantial rise in Audi deliveries: up 12.8 percent The Audi Group is fully on course to achieve its target for the year. By the end of the third quarter, the Company had already delivered 1,097,540 (2011: 973,154) cars of the Audi brand to customers. Overall, the Audi Group generated revenue of € 37.7 (2011: 32.4) billion - a rise of 16.3 percent. This performance contributed towards a 6.1 percent increase in the Company's operating profit to € 4.2 (2011: 4.0) billion, representing an operating return on sales of 11.2 (2011: 12.2) percent. Upon publication of the Third Quarter Report, Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization, commented: "After three quarters of the year, we are still well on track to reach our target for the year." 2012 will see the Company deliver over 1.4 million vehicles. Revenue will increase correspondingly, keeping the operating profit up on a par with the previous year. The automaker continued to make good progress in the third quarter of the current fiscal year, delivering a total of 364,303 (2011: 320,262) cars of the Audi brand to customers.