Porsche: unveils aims for 2022

(CercleFinance.com) - Against the backdrop of rising global demand for exclusive and electrified luxury vehicles, Porsche has announced that it is aiming for sales of 38 to 39 billion euros for FY 2022, with a return on sales of 17%-18%.


"As an exclusive sports car manufacturer benefiting from economies of scale through our cooperation with the Volkswagen Group, we are at the heart of the luxury car industry. This translates into structural growth opportunities for us," assures Oliver Blume, Chairman of the Board of Directors of Porsche AG.

"As an exclusive sports car manufacturer with the benefit of the economies of scale from our cooperation with Volkswagen Group, we are in the sweet spot of the luxury automotive industry. This results in structural growth opportunities for us," management said.

In the long term, Porsche aims to achieve a return on sales of over 20X.



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