Porsche: sales up 13.6% to E37.6bn
(CercleFinance.com) - Porsche today published its 2022 results.
Its revenue reached 37.6 billion euros, up 13.6%. Group operating profit was 6.8 billion euros, up 27.4%.
Its operating return on sales rose from 16% to 18%. In 2023, Porsche aims to achieve a Group operating return on sales of over 20% in the long term.
Porsche delivered 309,884 vehicles to its customers last year,up 2.6% from 2021.
In FY 2022, net cash flow of the automotive business increased from 3.7 billion euros to 3.9 billion euros, thanks to an improved price positioning, strong product mix, increased vehicle sales, currency effects and strict cost discipline, it said.
In FY 2022, earnings per ordinary share amounted to E5.43, while earnings per preferred share was E5.44. The Management Board has proposed a dividend payment of 911 million euros, i.e. E1 per ordinary share and E1.01 per preference share.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Its revenue reached 37.6 billion euros, up 13.6%. Group operating profit was 6.8 billion euros, up 27.4%.
Its operating return on sales rose from 16% to 18%. In 2023, Porsche aims to achieve a Group operating return on sales of over 20% in the long term.
Porsche delivered 309,884 vehicles to its customers last year,up 2.6% from 2021.
In FY 2022, net cash flow of the automotive business increased from 3.7 billion euros to 3.9 billion euros, thanks to an improved price positioning, strong product mix, increased vehicle sales, currency effects and strict cost discipline, it said.
In FY 2022, earnings per ordinary share amounted to E5.43, while earnings per preferred share was E5.44. The Management Board has proposed a dividend payment of 911 million euros, i.e. E1 per ordinary share and E1.01 per preference share.
Copyright (c) 2023 CercleFinance.com. All rights reserved.