Never ceasing to amaze, Porsche has raised their operating profit margin yet again. Significantly raising the bar from 15.5% to 17.4%, the deliveries have risen by a total of 3% in comparison of the same period last year. Over 16.5 billion Euro since last year have been collected as well. Deputy Chairman of the Executive Board and Member of the Executive Board of Finance and IT, Lutz Meschke, believes that Porsche is on the right track. He described, “With our profit margins, we continue to be one of the world’s most profitable automotive manufacturers. As a result of this, we are able to cover the costs of investments for the future in the fields of electro mobility, digitalization and connectivity.” The excellent growth has increased sales figures as well as fixed cost management resulting in positive effects in the company. Chairman of the Executive Board, Oliver Blume, states, “Good financial results build the foundation for innovative sports cars of the future. Delighted customers, good profit margins and secure jobs are all parameters that we use to measure our success.” With this growth, Porsche has been able to provide more job opportunities, increasing their employee count by 13%. The number of employees working for Porsche has more than doubled in the past six years. We at indiGO Auto Group are proud to represent such a recognizable brand that continues to grow and advance.
If you are interested in test driving a Porsche, we welcome you to visit us at indiGO Auto Group’s Porsche of Rancho Mirage on the Desert European Motorcars Campus.
