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Record start for Porsche

03/05/2023
Record start for Porsche

Since going public in September 2022, Porsche has posted a very positive start to the year, with double digit growth for both group operating profit and group sales revenue.

Results posted showed sales revenues reached €10.10 billion for the period, a rise of 25.5% over the previous year’s figure of €8.04 billion. Group operating profit rose to €1.84 billion from €1.47 billion, and increase of 25.4%. With increases also seen in net cash flow and net cash flow margin, the car manufacturer also saw an 18% increase in deliveries to customers, taking the number of cars delivered to 80,767 for the quarter.

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