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Porsche The operating profit from January to June 2022 was 3.48 billion euros (about 471.7 billion yen), and the profit margin reached 19.4%.

Posted: Posted:

First half of 2022 Porsche AG sales of 17.92 billion euros (approximately 2.43 trillion yen)

Sales and operating income for the entire Porsche in the first half of 2022 (January to June) have been announced.

Sales were 16.53 billion euros in the first half of 2021 last year, but increased by 8.5% year-on-year to 17.92 billion euros.

And the operating profit was 2.79 billion euros in the first half of 2021 last year, but it increased by 24.6% compared to the same period last year to 3.48 billion euros.

In response to this result, Porsche

"(In the world situation) there are various things and Porsche can do it properly even in this difficult time, hahahaha"

is emphasized again. Ah, too much meaning (laughs)? excuse me.

Porsche sales volume in the first half of 2022 is "145,860" (153,656 in the first half of 2021).

The net cash flow in the car in the first half of 2022 was 2.39 billion euros (2.60 billion euros in the first half of 2021).

Porsche says that it was able to create such a strong net cash flow even though it continues to invest in the future, and that focusing on cash flow has achieved results. I think.

Although there are still problems in the supply chain and difficult situations such as rising raw material and energy prices, Porsche AG is aiming for a profit margin of about 17 to 181 TP1T and sales of about 38 to 39 billion euros in 2022. (Medium-term goal is about 17-19% profit margin on sales, long-term goal is to exceed 20%).

Lutz Meschke, Director of Finance and IT

"We are proud to have achieved this significant increase in sales and earnings in this challenging market environment. This is the result of a team effort by our employees and management."

It is said that.

Based on these very good results in the first half of 2022, Porsche CEO Oliver Blume is also optimistic about the future.

As for the other announcements, almost the same content was said at the time of the following announcements, so please refer to the following:Porsche announces the addition of a new fully electric vehicle SUV model

Finally, there were a lot of disclaimers attached to this announcement as well, so it's just a goal at the moment, so just in case, I'll post the disclaimers below as well ^^

Disclaimer

This press release contains forward-looking statements that reflect Porsche's current views about future events. “expect,” “intend,” “may,” “can,” “could,” “plan,” “project,” “should and similar expressions are used to identify forward-looking statements. If any of these risks and uncertainties materializes or if the assumptions underlying any of Porsche's forward-looking statements prove to be incorrect, the actual results may be materially different from those Porsche expresses or implies by such statements. Porsche does not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication.

The forward-looking financial information for the current fiscal year 2022 set forth above is based on a number of assumptions, including no significant deterioration of economic conditions or the COVID-19 pandemic situation in Porsche's main markets, no significant disruptions in the supply chain, especially relating to semiconductors, energy, materials, parts and components, no material price increases of raw materials and no further escalation of the war in Ukraine. Such forward-looking financial information also assumes that in the second half of the fiscal year 2022 the euro remains weak against the currencies of Porsche's main markets.

Source:(Official) Porsche increases sales revenue, operating profit and return on sales

Related article:
Worldwide Porsche sales in the first half of 2022 (Q1 & Q2)
New Porsche registrations in Japan in the first half of 2022
2022 Q2 Porsche sales in North America
Porsche AG's sales and operating income increased in the first quarter of 2022 (Hmm?)
2022 Q1 Porsche sales worldwide
2022 Q1 Porsche sales in North America
Porsche Summary for 2021: Annual Report 2022

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