Porsche boosted operating profit 5% year on year to EUR3.0bn on revenue up 4% to EUR17.1bn in the first nine months of 2017.
Profit margin was 17.6% and unit sales increased 4% to 185,898.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Finance chief Lutz Meschke said the high level of spending on both electromobility and digitalisation "poses a great challenge".
The automaker plans to spend EUR3bn developing plug-in hybrids and pure EVs over the next five years and will create more than 1,200 new jobs in Zuffenhausen.
"These are investments in the future of our company. Nevertheless, our strategic objective of achieving an operating profit margin of at least 15% will continue in future. In order to achieve this, we will further optimise our healthy cost structure," said Meschke.
For full year 2017, the automaker expects operating profit that is slightly above the previous year's high level. It added that the same applies to deliveries and revenue.
