Tuesday, November 8, 2016

Porsche Claims as the Automotive Manufacturers of the Most Profitable Today

RealAutoTips. - When you get question about the automotive manufacturers of the most profitable today, you will get the answer that it is Porsche. It is because during the first nine months of 2016, Porsche AG increases its operating result by 12 percent to 2.9 billion euros.

Image Courtesy of Detikoto

Reported from DetikOto, (2016/11/08), that Porsche operating profit margin of 17.4 percent increased from 15.5 percent last year. Porsche sales increased 3 percent over the same period last year to 178 314 units.

"With profit margins, we continue to be one of the automotive manufacturers the most profitable in the world. As a result, we were able to cover investment costs for the future in the field of electromobility, digitization and connectivity," said Deputy Chariman of the Executive Board and Member of the Executive board, Finance and IT, Lutz Meschke as in a press release received detikOto.

Porsche CEO, Oliver Blume said one key to success is Porsche product line. Said Blume, good financial results lay the foundation for an innovative sports car of the future.

"Satisfied Customer, good profit margins and a steady job is a parameter used to measure our success," he claims.

Porsche has created new jobs. After nine months in 2016, the Porsche team has risen to 27 115 employees or 13% more than a year ago. This sustained growth shows that the number of employees has doubled over the last six years.

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