Porsche sales in the first nine months of 2013 rose 15% year on year to 119,747 vehicles with revenue up 3% to EUR10.42bn and operating income up just 1% to EUR1.89bn.
Employee numbers rose 11% to 18,882.
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CFO Lutz Meschke said return on sales was 18%, “a prominent position within the automotive industry”.
Despite the high level of outlay associated with expanding the Leipzig plant and setting up the development center in Weissach, as well as the money spent on new models, Porsche still wanted to match the previous year’s high operating profit.
“This is revealing not only the strong earning power that the company enjoys, but also its strict approach to costs”, Meschke claimed.
