Car Dealer Denzel Increases Group Turnover by Twelve Percent

IndustrialsAutomotive ♦ Published: May 17, 2018; 22:15 ♦ (Vindobona)

Vienna-based car importer and dealer Denzel sold around 45,000 vehicles in the past fiscal year and increased group sales by 12 percent to over 830 million euros.

(f.l.t.r.): Roland Mössler, CEO of Denzel Bank; Hansjörg Mayr, CEO of Wolfgang Denzel Auto AG; Heinz Gruber, CEO of Denzel Bank; Bernhard Stark, CFO of Wolfgang Denzel Auto AG; Gregor Strassl, CEO of Wolfgang Denzel Auto AG / Picture: © Wolfgang Denzel AG / APA-Fotoservice / Juhasz

As Austria's largest private car importer and multi-brand dealer, the Denzel Group can look back on a good 2017 financial year.

Consolidated Group sales increased by around 12 percent to just under 833 million euros (2016: 743 million euros).

With more than 1,300 employees at 18 locations, the Denzel Group generated earnings before taxes of EUR 18.3 million last…

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