Good first half
Porsche announces sales for the first half of 2021 (January to June).
Sales in the first half were 16.53 billion euros, an increase of 33% from the same period last year (12.42 billion euros in 2020).
In addition, operating income increased by 1271 TP1T year-on-year to 2.79 billion euros (1.23 billion euros in 2020).
One of the reasons for this impossibly strong operating profit of 127% from € 1.23 billion in the year-ago quarter was that the numbers in the second quarter of 2020 were very bad due to the impact of Corona. I have.
Even so, before the impact of Corona, sales increased by 23% (2019: 13.41 billion euros) and profit increased by 26% (2019: 2.21 billion euros) compared to the same period of 2019, one year earlier. Therefore, you can see that it is actually increasing properly.
The net profit margin was 16.9%, which was also significantly higher than the same period of the previous year. Porsche in the 2021 fiscal yearWe have set a goal of achieving a rate of return of 15%So, at this point, it has been achieved.
"I'm very happy with these numbers," said Lutz Meschke, Finance & IT Officer (CFO) of Porsche AG.
Also, Porsche AG CEO Oliver Blume seems to be satisfied with the results in the first half of this year ^ ^
By the way, here is the Porsche sales volume for the first half of 2021 for Porsche as a whole:Worldwide Porsche sales in the first half of 2021 (Q1 & Q2)
Net cash flow as of June 30, 2021 was 2.6 billion euros. This figure is also 130% higher than the previous year (1.23 billion euros in 2020).
Similarly, as of June 30, Porsche had 36,267 employees (36,359 at the end of 2020).
Semiconductor problem may have a big impact on Porsche in the third quarter
Looking at the results for the first half of 2021, Lutz Meschke says that although the results are very good, we still have to keep an eye on the reality.
This is because the impact of Corona is still there, and it is believed that the problem of semiconductor shortages will have a significant impact on Porsche's third quarter in the future.
Regarding the semiconductor shortage, they had prioritized the shortage of semiconductors to "Porsche and Audi", which are said to be more profitable in the Volkswagen Group, but finally the third quarter Then, it seems that it can not be turned around within the VW group anymore, and it seems that Porsche will also have a considerable influence (Audi seems to be even more difficult).
Therefore, in the future, overseas media say that even if it is a premium new model (Cayenne GT, 911 GT3 Touring, etc.) among Porsche, there may be a delay of several months in ordering so-called base model Macan and Cayman T. It is.
There are various problems and it is difficult, but I hope that all the problems will be solved.
Source:
◆ (Official) Porsche more than doubles operating result
◆ Porsche, Audi, VW brands flag chip risk in months ahead
◆ YOUR NEW PORSCHE COULD BE SERIOUSLY DELAYED AS SEMICONDUCTOR AND MICROCHIP SHORTAGES WORSEN
Related article:
◆ Worldwide Porsche sales in the first half of 2021 (Q1 & Q2)
◆ 2021 Q1 Porsche sales worldwide
◆ 2021 Q1 Porsche sales in North America
◆ Porsche sales in the first half of 2020 are 116,964 units
◆ New car sales in Porsche (overall) in 2020
◆ In addition, a list of articles about Porsche sales volume