• Double-digit sales growth drives key financial indicators to record figures
• Profit after tax goes up by 17.5% and reaches 346 million euros
• SEAT devoted 1.259 billion euros to investments and R&D expenses (+3%)
• Carsten Isensee: “The 2019 results provide a solid foundation on which to build the future”
• Wayne Griffiths: “CUPRA will be key to boosting the company’s long-term operating margin”
• The company will pay employees a profit-based bonus of 1,550 euros
• Carsten Isensee: “The coronavirus pandemic prevents any reliable forecast regarding the impact on the global economy and SEAT’s performance in 2020”

In 2019 SEAT maintained the positive momentum of the last four years and achieved record financial results that enable to successfully tackle the challenges of 2020. The Spanish company posted a profit after tax of 346 million euros, 17.5% more than in 2018 (294 million). Operating profit rose by 57.5% to 352 million euros (2018: 223), and turnover grew by 11.7 percent for a total of 11.157 billion euros compared with 2018 (9.991), driven by increased sales.