German Handelsblatt: Car manufacturer: Porsche makes more profit – despite fewer sales004888

Porsche factory

For the year as a whole, Porsche is aiming for a return of between 17 and 18 percent.

(Photo: dpa)

The stock market candidate Porsche increased its operating result by almost a quarter to 3.48 billion euros in the first half of the year. With sales growth of 8.5 percent, the return rose by two and a half percentage points to 19.4 percent compared to the same period last year, Porsche said on Thursday.
This is mainly due to a strong product mix, currency effects and other business areas. At the same time, the Stuttgart sports car manufacturer sold almost 146,000 vehicles from January to June, five percent less than a year ago. Despite the lack of chips and increased raw material and energy prices, Porsche is aiming for a return of between 17 and 18 percent for the year as a whole, and more than 20 percent in the long term.

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