ZF English

Dacia posts 2.7bn-euro business and makes 200-euro profit per car

Autor: Bogdan Alecu, Gabriel Botezatu

19.04.2011, 23:50 18

Carmaker Dacia, one of the biggest companies on the Romanianmarket and Romania's main exporter, reported an 11.4 billion-lei(2.7 billion-euro) turnover last year, up 26.6% on the previousyear, according to data published on the company's corporatewebsite.

Thanks to the Duster SUV, which caused a stir on foreignmarkets, exporting over 81,000 units in seven months in 2010,Dacia, held by French group Renault, managed to increase itsturnover amid a declining Romanian economy and a domestic carmarket that lost a further 25% in terms of volume.

The profit reported by Dacia for 2010 was 300 million lei (71.2million euros), which compares with 230 million lei in 2009. Theprofit rate was 2.6%.

Considering that Dacia manufactured over 341,000 cars last year,each car sold on the Romanian market or exported fetched thecompany a profit of nearly 200 euros, according to ZF calculations.Dacia never specified what its net profit per car is or how much itcosts to manufacture a car.

The operating profit, which reflects the company's coreactivity, went up by 322 million lei.

Surprisingly, while last year's profit was higher than thatrecorded a year before, the tax levied on the profit in 2009, was34 million lei (8.5 million euros), which compares with 60.6million lei in 2009.