• Operating profit of 226 million euros ( US$246.72m) 57% more than between January and March 2023
• Sales revenue exceeded 3.8 billion euros (US$1.09bn) an increase of 6.8%
• Operating return on sales grew from 4.0% to 5.9%
• CUPRA broke records by completing the best first quarter in its history with 56,600 cars delivered
• The SEAT brand confirmed its strength with 81,900 deliveries, up 4.3%
• Total deliveries of SEAT S.A. increased 10.6% to 138,600 units
• 7.5% sales growth increase with a total of 558,100 car deliveries
• The first quarter of 2024 was its best ever, with a 57% increase in operating profit
• Operating profit overall of 415 million euros (US$439.9m) between January and September 2024
“For example,” Markus explains, “we are using recycled materials for the cover of the cup bucket seats. “Since 2010, we have reduced the waste in our industrial process by 79%, sending it to be recycled rather than disposed of. We will see much more of that in the future.”
battery gigafactory in Sagunto, which is enhancing EV accessibility and streamlining production costs.
SEAT’s historic Barcelona Zona Franca facility, which made mass motorisation possible for Spain back in the 1950s, lies at the heart of this EV innovation and is also being transformed into a circular economy hub.
This circular approach is informed both by the manufacturer’s sense of societal responsibility and the need to comply with EU regulation.
Circular transformation at Zona Franca At Zona Franca, SEAT has taken a circular approach to everything from parts and battery waste to energy use.
“In France, you already have to use 10% of reuse parts on aftermarket
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