GENEVA — Porsche AG says sales were up 30% to DM2.55 billion (US$1.47 billion), while net profit reached DM117.4 million (US$67.5 million) for the first half through January. Pretax profit hit DM198.8 million (US$114.3 million). Final results were higher than provisional results reported on January 22, Porsche says. Net profit growth, however, fell slightly, after carried-over tax losses for previous years were fully neutralized.

Premium Content (PAID Subscription Required)

"Porsche reports 30% sales increase" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.