These record sales figures are translating into positive financial results assisted by the effect on the mix, mainly resulting from the greater commercialisation of SUVs, which accounted for 43% of SEAT deliveries from January to September 2019. According to the results published by the Volkswagen Group on 30 October, SEAT’s operating profit went up by 4.2% in this period for a total record result of 248 million euros (237 million from January to September 2018). Furthermore, turnover rose by 14%, reaching 8.828 billion euros (January to September 2018: 7.744 billion).
SEAT is the only company that designs, develops, manufactures and markets cars in Spain. Member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exports the 80% of its vehicles, and is present in 80 countries on all five continents. In 2018, SEAT sold 517,600 cars, the highest figure in the 68-year history of the brand, posted a profit after tax of 294 million euros and a record turnover of close to 10 billion euros.
The SEAT Group employs over 15,000 professionals and has three production centres – Barcelona, El Prat de Llobregat and Martorell, where it manufactures the highly successful Ibiza, Arona and Leon. Additionally, the company produces the Ateca in the Czech Republic, the Tarraco in Germany, the Alhambra in Portugal and soon the Mii electric production will start in Slovakia.
The multinational has a Technical Centre, which operates as a knowledge hub that brings together 1,000 engineers who are focused on developing innovation for Spain’s largest industrial investor in R&D. SEAT already features the latest connectivity technology in its vehicle range and it is currently engaged in the company’s global digitalisation process to promote the mobility of the future.
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