Porsche increases revenue and operating result in the first quarter



The sports car manufacturer delivered around 63,500 vehicles (+6%), while revenue rose by eight per cent to 5.9 billion euro. The operating result totalled 976 million euro (+1%) and the operating profit margin was 16.4 per cent.

“This successful first quarter creates a solid basis for the coming months”, says Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG. Meschke believes that increased volumes, mix effects and…



Source link