Recently, Volkswagen Automobile Group has announced its report for 2013 financial year. It realizes sales revenue of 197 billion Euros, which has increased 2.2% over last year. Operation profit has slightly increased and hit the record high to 11.7 billion Euros.
As reporter known, compared with sales volume of 9.7 million which takes 3rd, both of the group sales revue and operation profit is higher than sales volume champion Toyota.
Besides, Volkswagen Automobile profit after tax of year 2013 is 9.1 billion Euros. Toyota net profit of year 2013 is 1.26 times than GM to 5.2 billion dollars. Volkswagen Automobile becomes the most profitable automobile company again in the world.
As report by foreign media, in year 2013, Porsche has margin profit of 23 thousands dollar for each single sales, which net profit as high as 18%. The figure is much higher than luxury brand of Volkswagen Automobile, such as Bentley, Audi and Lamborghini. However, Volkswagen single car margin profit is 850 dollars, and even Toyota single car margin profit is up to 1,587 euros.
In year 2013, Volkswagen has delivered 9.7 million cars, which has increased 4.9%, and has realized sales revenue of 197 billion euros, which has increased 2.2%. Operation profit has slightly increased, which has hit the record high of 11.7 billion euro.
However, Volkswagen Automobile Group profit before and after tax profit is different, which is almost half cut, particular financial income is only 5.7% of year 2012. Volkswagen explains that financial statistics are influenced by Volkswagen merged Porsche. The project brings 12.3 billion Euros for Volkswagen.
However, Volkswagen Group has realized 14% investment return last year, which is much higher than 9% required return. Financial service equity income rate before tax has slight increased to 14.3%.
