Porsche's revenue and profit up by 25%!

Porsche is having a gala time. 2015 has been the most successful fiscal year in the company’s history. The German automaker has observed record growth in terms of sales revenue, operating profit and deliveries for a consecutive fifth year. In terms of people employed too, the company has achieved tremendous growth.

Porsche AG has recorded 25 per cent growth in terms of sales revenue and operating profit. While the former stands at 21.5 billion euros now, the latter is valued at 3.4 billion euros. Coming to deliveries made and people employed, the carmaker has attained 19 and 9 per cent increase respectively. The company delivered more than 2,25,000 vehicles in the year and now employs 24,481 people. Mr. Oliver Blume, chairman of the executive board of Porsche AG, said that the numbers were “extraordinary results even by Porsche standards”. He said that high delivery numbers are the logical consequence of corporate strategy and an expression of Porsche’s attractive product range.

Porsche will look to maintain this momentum in 2016 as well. The company has already witnessed a sales growth of 14 percent in the first two months. Specialising in making high-performance sports cars, SUVs and sedans, the carmaker has vehicles like the Macan, the Cayenne, the new 718 Boxster and the 718 Cayman in its line-up. With such products, it is quite ambitious about its future plans and has invested heavily for the same. Mr. Blume put emphasis on the company’s 2025 strategy while presenting the financial report and said, “We have achieved our strategic goals of the last years. Within the scope of Strategy 2025, we are now realigning the company for the future. We focus on customer enthusiasm, financial return and safe jobs. In doing so, we consequently follow our way of value-creating growth”.

Also Read: Porsche Reveals Next-Gen Boxster, Gets 718 Tag!