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 …
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Recent Posts from: porsche fiscal results
Porsche 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 Is The Most Profitable Car Manufacturer In The World
Coming off a record year in 2015 where Porsche hit many of their long term goals years in advance, 2016 is shaping up to be just as good if not better. For instance, in the first quarter of 2016, Porsche increased its turnover, results and deliveries compared to the previous year. Turnover is 6% to 5.4 billion euros while operating results …
Continue to the full articlePorsche’s 2015 Fiscal Results and 2016 Insights
Late last week Porsche released final sales and profit numbers for 2015 along with preliminary guidance for 2016. If you've been following along here on FLATSIXES.com, you already know that Porsche more than reached their goal of 200,000 cars sold in a year and did so 3-years earlier than planned. In conjunction with their record sales volume of …
Continue to the full articlePorsche Profits on Volkswagen Position
Earlier this year, it was reported that Porsche expected their profit to significantly exceed revenue. Yes, you read that correctly. Porsche will recognize more money in profit than they did in turnover or sales. How is this possible you ask? Quite simple actually. The shrewd investment made by Porsche in Volkswagen is paying dividends beyond …
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