Porsche: 4.1% increase in turnover in the 1st quarter – 05/05/2022 at 12:12

(CercleFinance.com) – Porsche announces 8.04 billion euros in revenue for the 1st quarter, up 4.1% compared to the 1st quarter of 2021. At the same time, operating profit increased by 17, 4%, to 1.47 MdE and the return on sales improved, going from 16.2 to 18.2%.

In the first quarter, 68,426 vehicles were delivered to customers. The best-selling models were the Cayenne (19,029) and the Macan (18,329). The all-electric Taycan was the third most popular (9,470).

“Our electromobility strategy is paying off: 23% of all vehicles delivered were electrified – and 14% were fully electric,” says Oliver Blume, Chairman of the Board of Management of Porsche AG.

Porsche believes it is ‘on track’ to meet its targets: by 2025, half of all new Porsche sales should be electrified, whether fully electric or plug-in hybrid vehicles.

By 2030, the proportion of all new Porsche vehicles with a fully electric powertrain is expected to reach over 80%.

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