Škoda has maintained sound financial stability over recent years. In 2013, the brand achieved sales revenues totalling €10.3 billion (2012: €10.4 billion). Due to the weak economic situation in many European countries and the expansion of the model range, operating profit reached a modest €522 million (2012: €712 million). Škoda achieved a successful start to 2014. As well as recording the highest number of deliveries to customers in a first quarter ever (247,200; up 12.1%), it recorded a significant increase in sales revenue (23.7%) to almost €3 billion. Operating profit increased 65.2% to €185 million over the previous year.
