Porsche booked first half 2021 sales of EUR16.53bn and an operating profit of EUR2.79bn.
The return on sales was 16.9%.
Go deeper with GlobalData
Noting “weaker” sales in the second quarter of 2020 due to the Covid-19 pandemic, Porsche said sales increased 33% year on year from H1 2020’s EUR12.42bn while the operating profit was up 127% from EUR1.23bn.
In comparison with pre-coronavirus H1 2019, sales grew 23% and operating profit by 26%.
“We can be very satisfied with these figures,” said finance chief Lutz Meschke.
“Despite large investments in electrification and digitalisation for the future, we achieved a strong return on sales of 16.9%. Alongside the strong sales figures, our strict cost management also contributed to this.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataPorsche set a new record in the first half of 2021 as 153,656 vehicles were sold worldwide, up 31%.
Meschke added: “Regardless of the uncertainties of the coronavirus pandemic, the continuing tense situation on the semiconductor market could become noticeable in the third quarter.”
