Preliminary results for the latest fiscal year ended 31 July showed Porsche grew turnover 17.9% to EUR7.79bn on unit sales up 8.8% to 81,850.

“The record turnover dramatically demonstrates that Porsche has regained its former strength,” outgoing chairman Michael Macht said in a statement. He expects more growth following the launch of the 911 Speedster and Carrera GTS at the Paris show this week.

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The Cayenne remained Porsche’s best selling line at 29,855 units, down 12.9% due partly to the spring model changeover.

Sales of the 911 “were negatively affected by the continuing difficult economic conditions facing the sports-car market”, Porsche said, explaining the 27.4% fall to 19,663 units. Boxster sales dipped 10.8% to 11,717 units..

Sales outside Europe and North America grew 25.8% to 25,283 vehicles and China alone took 11,724 units, up 47.5%.

Europe sales rose just 1.4% to 30,948 units with German volume off 3.5% to 11,857. North American sales rose 4% to 23,705 vehicles.

Fiscal year production was up 16.1% to 89,123 vehicles.

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