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Porsche succeeds despite the global semiconductor crisis: the Stuttgart-based sports car manufacturer achieved a return on sales of 15.5 per cent at the end of the third quarter of 2021. The result once again exceeds the benchmark of 15 per cent, which means Porsche remains one of the most profitable car makers in the world.
Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG
Since the beginning of the year, Porsche has delivered 217,198 vehicles to its customers worldwide. This is 13 per cent more than in the first nine months of the previous year. Without the chip crisis, the sports car manufacturer would have been able to sell even more vehicles. The order books are pleasingly full. Sales figures of the all-electric Taycan sports car in particular are rising steadily. A total of 28,640 examples were delivered in the first nine months of this year.
Strong demand for the Taycan
Significantly increased net cash flow
The sports car manufacturer is pushing ahead unabated with its programme of investment in digitalisation and electrification. Nevertheless, net cash flow has increased significantly. As of 30 September, it amounted to 2.9 billion euros. This is 74.4 per cent more than in the previous year (2020: 1.7 billion euros). As of 30 September, Porsche had 36,663 employees (end of 2020: 36,359).
Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG
Since the beginning of the year, Porsche has delivered 217,198 vehicles to its customers worldwide. This is 13 per cent more than in the first nine months of the previous year. Without the chip crisis, the sports car manufacturer would have been able to sell even more vehicles. The order books are pleasingly full. Sales figures of the all-electric Taycan sports car in particular are rising steadily. A total of 28,640 examples were delivered in the first nine months of this year.
Strong demand for the Taycan
The sports car manufacturer is pushing ahead unabated with its programme of investment in digitalisation and electrification. Nevertheless, net cash flow has increased significantly. As of 30 September, it amounted to 2.9 billion euros. This is 74.4 per cent more than in the previous year (2020: 1.7 billion euros). As of 30 September, Porsche had 36,663 employees (end of 2020: 36,359).