(News Bulletin 247) – Porsche today published its results for 2022. The group’s turnover amounted to 37.6 billion euros, representing growth of 13.6%. The group’s operating profit amounted to 6.8 billion euros, up 27.4%.
The group’s operating return on sales increased from 16.0% to 18.0%. In 2023, Porsche is aiming for operational profitability of Group sales of more than 20% in the long term.
Porsche was able to deliver 309,884 vehicles to its customers last year. This corresponds to an increase of 2.6% compared to 2021.
In the 2022 financial year, the net cash flow of the automotive sector increased from 3.7 billion euros to 3.9 billion euros. “Our success factors are improved price positioning, strong product mix, increased vehicle sales, currency effects and our strict cost discipline,” says Lutz Meschke, Vice President and Member of the management board in charge of finance and IT.
During the 2022 financial year, the profit per ordinary share amounted to 5.43E and the profit per preferred share to 5.44 E. The management board proposes the payment of a dividend of 911 million euros. This corresponds to 1E per ordinary share and 1.01E per preferred share.
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