View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 5, 2022

Porsche boosts revenue and profit

Return on sales improved from 16.2% to 18.2%.

By Graeme Roberts

Porsche first quarter 2022 sales revenue grew from EUR7.73 to EUR 8.04 billion (up 4.1% year on year), and operating profit from EUR1.26 billion to EUR1.47 billion (+17.4%).

Return on sales improved from 16.2% to 18.2%.

“Despite all the global challenges, we’re still right on track,” said finance chief Lutz Meschke.

“Due to many external challenges that we cannot influence, it is difficult to provide an outlook. Nevertheless, we are aiming for a return on sales of at least 15% in [full] year 2022.”

Deliveries fell 5% to 68,426 units, 23% were electrified and 14% were fully electric.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Just Auto