The name of the game at Porsche AG in recent years has been growth. The company has seen years of consecutive success, increased sales, and larger profit percentage from those gains. They've been reinvesting a lot of their profit into the company's future, as their stated goal is sustainability, and this is a transition period in the car world. …
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Recent Posts from: Porsche AG
Porsche Begins 2018 With Further Growth
Overall Growth Trends 2017 was a record year for Porsche. Based on the data we have since January, it looks like 2018 is shaping up to be another record year. In the first quarter of this year Porsche AG delivered around 63,500 vehicles worldwide. This represents an increase of 6% over 2017. North America and Europe have shown the most substantial …
Continue to the full article8 Items of Interest We Learned From Porsche’s Year-End Press Conference
Year in and year out things are getting better and better for Porsche. To those of us who recall the dark days of the early 1990s, it's very welcome to see this trend in our favorite brand. 2016 was the most profitable year in the company's history, and 2017 continued this trend. As Porsche's investment in electrification and diversification of …
Continue to the full articlePanamera Deliveries up 73% This Year Driving Overall Growth of 4% Year-Over-Year
Last year, when Porsche provided 2017 guidance, the outlook was stable. They weren't expecting to lose ground, but they weren't really expecting to gain ground either. With last week's 3rd quarter numbers released we can see that while they aren't blowing their forecasts out of the water, they are gaining. Thanks in part to the succussful release …
Continue to the full articlePorsche Made More Than $16,600 in Profit Per Car in the first 1/2 of 2017
Porsche AG released operating results for the first half of 2017 today and they are quite good. In fact, across the board, Porsche increased operating results, revenue, deliveries and employee head count. Chairman of the Executive Board of Porsche AG, Oliver Blume, says: “The priority of Porsche is to have thrilled customers and secure, …
Continue to the full articlePorsche Just Experienced Their Most Successful First 1/2 Year In Their History
Porsche's worldwide sales are up by 7% with 126,497 units delivered to customers in the first half of the year. However, it's not the 911 that's driving those sales or even the Boxster or Cayman for that matter. Instead, it's the Macan, Panamera and to a lesser extent the Cayenne models. According to Detlev von Platen, Member of the …
Continue to the full articlePorsche’s First Quarter Operating Results Reach Record Level
Porsche AG made a strong start to the year: In the first three months of 2017, the company increased its operating result, revenue, deliveries and number of employees as compared to the same period last year. Here are some of the highlights: Profit margin grew from 16.7% to 17.6%. Operating results increased by 8% in the first quarter of …
Continue to the full articlePorsche AG’s 2016 Financial Highlights
2016 was a banner year for Porsche AG. In fact, it was the most successful year in the company's history. Record highs were achieved in terms of deliveries, revenue, operating profit and the total number of employees. Here are some of the highlights from Porsche AG's 2016 financial year: Deliveries increased by six% to 237,778 …
Continue to the full articlePorsche’s Worldwide 2016 Sales
The results are in and it should come as no surprise to anyone that's been following Porsche's monthly sales reports, 2016 was another record year. All-in-all, Porsche delivered 237,778 vehicles world wide - that's a 6% increase over 2015's record total. According to Porsche, the Macan and new 718 Boxster, along with growth in Europe, the USA and …
Continue to the full articlePorsche’s Worldwide Growth Continues Unabated
Porsche's worldwide growth strategy continues to deliver success. With the first nine months now in the books, Dr. Ing. h.c. F. Porsche AG continues to grow at a pace that pays tribute to their sports car heritage. Here are just a few of the highlights: Operating profit is up by 12% to 2.9 billion euro. Operating profit margin reached …
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