Posted 04/26/2018 11: 35: 53CET
WOLFSBURG (GERMANY), Apr. 26 (EUROPA PRESS) –
Seat achieved an operating profit of 85 million euros in the first quarter of the year, which represents a “strong” increase of 51.4% compared to the 56 million posted in the same period of the previous year.
The company, owned by the German Volkswagen consortium, explained that this increase was possible thanks to the positive effect in the sales mix motivated by the launch of Arona.
“The operating profit obtained in the first quarter of 2018 shows the excellent moment that Seat is going through, after closing last year with the best result in the history of the company, in the first quarter of this year there is again a strong momentum of the benefit, “he added.
In addition, he stressed that the increase in sales between January and March, with 139,234 vehicles marketed, 18.7% more, also contributed to the improvement of its operating profits, as well as to the billing. The Spanish firm registered between January and March its best commercial volume in its 68-year history.
In total, the brand based in Martorell (Barcelona) entered in the accumulated year of 2,782 million euros, which translates into a progression of 11.8% compared to the first three months of 2017, when it obtained a turnover 2,487 million.
For 2018, SEAT plans to consolidate its positive evolution in the financial field. At the same time, the national brand is accelerating the number of investments and expenses in R & D for new models and is prepared for major challenges such as, in particular, the implementation of the WLTP.