Porsche Q1 sales up by 13 per cent

Porsche AG, Stuttgart, continued on its growth trajectory in the first three months of the 2011 financial year. Compared with the same quarter the year before, sales were up 13 per cent to 23,442 vehicles.

Turnover was 2.28 billion euro, ten per cent more than in the comparable period in 2010. At 496 million euro, the Stuttgart-based sports car manufacturer more than doubled its operating profit in the first three months of the current financial year compared with the year before, thereby comfortably achieving a double digit operating return on sales yet again.
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1BadMan - 4/27/2011 11:42:33 AM

+1 Boost

Way to go Porsche!