SEAT S.A.: operating result 2013-2023
Over the course of 2013 to 2019, steady growth is observed for the operating result of SEAT S.A. Operating result increased from a loss of about 127 million euros in 2013 up to a profit of 352 million euros in 2019. In 2020, a significant decrease in operating result was recorded. Following 2020, steady growth was reported, as operating result went from a loss of 417.7 million in 2020 to earnings of 505.3 million euros in 2023.
The period of decline in operating result following 2020 was in the midst of both the COVID-19 pandemic and global semiconductor shortages. It was not only SEAT S.A. that suffered such losses as the number of cars sold worldwide faced a decline during that same period.