SEAT’s worldwide deliveries are making solid progress thanks to the excellent results in the five major European markets. In this sense, between January and October this year, Germany (98,000 vehicles; +16.6%), Spain (93,300; +15.0%), the UK (54,700; +13.1%), France (26,000; +27.9%) and Italy (17,600; +15.7%) posted double digit increases. These countries are leading SEAT’s sales growth together with Algeria, where the brand has already delivered 16,800 vehicles, four times more than in the same period of 2017 (3,900).
Austria (16,900; +11.1%), Poland (10,700; +15.8%), Belgium (8,500; +28.4%) and Portugal (8,500; +23.9%) are four more main markets where SEAT recorded strong growth between January and October.
The increase in sales boosts operating profit
The all-time sales record is also reflected in the financial results. Between January and September 2018, SEAT’s operating profit rose by 54.4% to stand at the record figure of 237 million euros (154 million between January and September 2017). Higher profit margins as a result of increased sales of upper segment vehicles and better equipped models contributed to the profit increase. Furthermore, revenues went up by 6.7% in this period to stand at 7.744 billion euros (2017: 7.255 billion), the highest turnover in the history of SEAT.
SEAT Communications
Cristina Vall-Losada
Head of Corporate Communications
T / +34 93 708 53 78
M/ +34 646 295 296
cristina.vall-llosada@seat.es
Ezequiel Avilés
Corporate Communications
T / +34 93 708 59 50
M/ +34 646 303 738
ezequiel.aviles@seat.es