Sports automobile manufacturer increases turnover by some-more than 25 percent – annual press discussion in Stuttgart
Atlanta. In a 2012 financial year, Dr. Ing. h.c. F. Porsche AG achieved record levels in sales, turnover and earnings. At 143,096 vehicles, sales were 22 percent aloft than in a before year, and turnover increasing by 27 percent to 13.9 billion euros. The handling outcome grew by 19 percent to 2.44 billion euros. Moreover, a array of employees reached a new rise level, with 17,502 persons during a finish of a year. The association also increasing a array of trainees – instead of a before array of 100 immature workers, final Sep 125 employees began their training during Porsche.
At a annual press discussion of Porsche AG in Stuttgart, Germany, on Friday, Matthias Müller, Chairman of a Executive Board, emphasized that a sports automobile manufacturer has, notwithstanding a diseased economy, quite in Europe, continued to press forward on a march for expansion that it set on dual years ago. “2012 was a many successful year in a story of a company,” Müller said. “The success that Porsche enjoys in a marketplace can be attributed really mostly to a appealing product portfolio. We serve extended this final year with a serve of several new, fascinating sports automobile models”, a Chairman continued.
In Stuttgart, Lutz Meschke, Chief Financial Officer of Porsche AG, highlighted “the healthy cost structure and postulated high spin of profitability” of a company. Accordingly, a handling lapse on sales amounted to spin 18 percent. “With a general position and a despotic cost management, we remain, as a whole, carefully confident for a stream 2013 financial year, and are essay for a outcome building on a really high spin of a before year”, a CFO of Porsche AG serve added.
Net liquidity in a automotive business – definition sum liquidity rebate financial liabilities incompatible financial services – softened from a disastrous 2.58 billion euros as of Dec 31, 2011 to a disastrous 1.87 billion euros as of Dec 31, 2012. Thus, Porsche AG has once again come one step closer to a medium-term idea of a full rebate in net indebtedness while financing a expansion from handling money flow.
In a 2012 financial year, a indication array with a top expansion rate was a 911. The new era of a sports automobile idol found such good accepting among business that sales increasing by 49 percent, to 26,203 vehicles. With 77,822 vehicles (up 30 per cent), a Cayenne array performed a top sales. The Boxster array grew by 4 percent to 11,740 units. Thereby, a Boxster – introduced in Mar 2012 – achieved an serve of 66 percent, to 10,126 vehicles. 1,614 units of a Cayman were sold. The new era of a Cayman was launched on a marketplace during a commencement of 2013. Sales of a Panamera amounted to 27,331 vehicles.
A examination of informal placement shows a continued significance of a North American marketplace – there, sales increasing by 34 percent, to 39,192 units. In China (including Hong Kong), expansion amounted to 32 percent, with 33,590 vehicles sold. Moreover, in Germany, a sports automobile manufacturer gained 16 percent, to 16,090 vehicles. In Europe (excluding Germany), expansion amounted to 8 percent, to 31,094 units. In a rest of a world, sales climbed by 19 percent, to 23,130 vehicles.
In a 2012 financial year, prolongation increasing by 19 percent to 151,999 vehicles. This accounted for by 28,419 units for a 911 (up 31 percent), 83,208 vehicles for a Cayenne (up 34 percent) and 27,056 vehicles for a Panamera (down 15 percent). 13,316 units (up 9 percent) of a Boxster array were produced.
About Porsche Cars North America
Porsche Cars North America, Inc. (PCNA), formed in Atlanta, Ga. is a disdainful U.S. importer of Porsche sports cars, a Cayenne SUV and Panamera sports sedan. Established in 1984, it is a wholly-owned auxiliary of Porsche AG, that is headquartered in Stuttgart, Germany, and employs approximately 220 people who yield parts, service, selling and training for 190 dealers. They, in turn, work to yield Porsche business with a best-in-class knowledge that is in gripping with a brand’s 63-year story and care in a enrichment of car performance, reserve and efficiency.
At a core of this success is Porsche’s unapproachable racing birthright that boasts some 30,000 motorsport wins to date.
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