2023 Author: Eric Donovan | [email protected]. Last modified: 2023-08-25 09:36
The sports car manufacturer Porsche has significantly increased sales, operating profit and sales in the first nine months. The VW subsidiary expects a new record year,
The cars of Porsche arrive at the customer. In the first nine months of the year, the sports car manufacturer achieved new records for sales, operating profit and deliveries. The VW subsidiary was able to increase sales by 28.1 percent to 10.15 billion euros as of September, as the company announced on Thursday.
In terms of sales, the Swabian company was able to deliver 103,245 vehicles to customers worldwide. This is an increase of 20.2 percent compared to the same period last year. The Zuffenhausen-based company also achieved a record operating result, which rose by 22.9 percent to 1.88 billion euros. "With the achieved return on sales of 18.5 percent, Porsche AG holds an outstanding position within the automotive industry," said Porsche boss Matthias Müller.
Porsche faces a new record year
Like CFO Lutz Meschke, he assumes that the sports car manufacturer will remain on the road to success in the last quarter of the year despite the deteriorating economic environment. "In 2012, after nine months, we almost matched the result of the entire previous year and expect to significantly exceed the previous record year 2011 in terms of sales, revenue and operating result for the full year."
For Porsche, the Chinese market in particular continues to develop positively. From January to September 24,859 vehicles were sold there, an increase of 35.4 percent. While Porsche in Russia achieved a growth of almost 70 percent with 2,628 units, Germany grew by a little more than 14 percent with 11,905 units. The largest single market as of September is the USA with 24,982 sports cars, an increase of 22.1 percent. The Cayenne SUV was again particularly popular with customers, with 54,860 customers buying it from January to September, almost 25 percent more than in the same period of the previous year. The Porsche 911 accounted for the highest growth rate. 19,261 customers chose it, an increase of almost 40 percent. (AG / FM
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