Growth in deliveries, revenue and first quarter profits

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A SIGN that the world economy is starting to boom is the increase in sales of high-end cars.
That is seen at companies like Porsche, which has begun the year 2015 successfully – with growth in deliveries, revenue and profit in the first quarter.
From the beginning of January to the end of March, the sports car manufacturer delivered 51,102 new vehicles, which is 32 per cent more than the same period last year. Revenue in the first three months of 2015 increased 29 per cent to €5.08 billion, and operating profit surpassed the prior year figure by 10 per cent and reached €765 million. The number of employees also grew 12 per cent to 22,945 employees.
Matthias Müller, Chairman of the Executive Board at Porsche AG, said the sports car manufacturer would stay on course for a successful business year in 2015. One of the biggest factors behind the rise in sales is the move away from its traditional small sports cars.
The success of the new compact SUV Macan, which was introduced last year is driving sales. Other highlights are new versions of existing models. They include the GT vehicles – the 911 GT3 RS and Cayman GT4 – as well as the Boxster Spyder and the Panamera Exclusive. “Our successful vehicle strategy lets us satisfy the wishes of many customers,” said Müller.




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