Porsche achieves growth in revenue and operating result
04 Nov 2018|850 views
The operating result compared with the same period in the previous year grew by around 11% to €3.3 billion, with revenue increasing by 12% to €19.1 billion. The return on sales was 17.4%. Deliveries grew by 6%, with the company handing over 196,562 vehicles to customers by the end of September. The workforce grew around 8% to reach 31,753 employees.
Porsche recorded particularly strong growth in deliveries in Europe in the first nine months of 2018, with an increase of 9% to 66,551 units. In Germany alone, deliveries increased by 13% to 24,709 vehicles. Growth in China, the largest single market of Porsche, was also up 4% with 56,254 vehicles delivered.
In terms of the model ranges, the Panamera showed the largest percentage increase. Up to the end of September, deliveries of the four-door sports car increased by 60%. In Europe, more than 60% of these vehicles were equipped with a plug-in hybrid drive. The 911 also saw double-digit growth with an increase of 19%. The highest-volume model ranges remain the Macan with 68,050 delivered vehicles and the Cayenne with 49,715 units.
The operating result compared with the same period in the previous year grew by around 11% to €3.3 billion, with revenue increasing by 12% to €19.1 billion. The return on sales was 17.4%. Deliveries grew by 6%, with the company handing over 196,562 vehicles to customers by the end of September. The workforce grew around 8% to reach 31,753 employees.
Porsche recorded particularly strong growth in deliveries in Europe in the first nine months of 2018, with an increase of 9% to 66,551 units. In Germany alone, deliveries increased by 13% to 24,709 vehicles. Growth in China, the largest single market of Porsche, was also up 4% with 56,254 vehicles delivered.
In terms of the model ranges, the Panamera showed the largest percentage increase. Up to the end of September, deliveries of the four-door sports car increased by 60%. In Europe, more than 60% of these vehicles were equipped with a plug-in hybrid drive. The 911 also saw double-digit growth with an increase of 19%. The highest-volume model ranges remain the Macan with 68,050 delivered vehicles and the Cayenne with 49,715 units.
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