Porsche sees 40% rise in profits in first nine months, confirms outlook
Profits were 40.6% above last year’s with just a 15.7% increase in revenue and just a 2% increase in deliveries, showing higher profitability per car boosted by exchange rate effects, the statement said. Porsche, which was listed on the Frankfurt Stock Exchange on September 29, stuck to its outlook for the full year of a 17-18% return on sales with a mid-term target of 17-19%.
