Porsche Is A Money-Making Machine: Last Year Profits Up By 25%

Fiscal year 2015 was the most successful one for Porsche in its 85-year history.

The brand also recorded the fifth-consecutive record year, with both sales revenue and operating profit increasing by 25 per cent when compared to 2014.

It was also the first full year of the Macan in production, which proved to be instant hit with customers.

Deliveries were increased by 19 per cen,t with more than 225,000 Porsches sold globally while the company increased also the number of their employees by nine per cent to 24,481.

Things are looking even better in 2016: deliveries in the first two months of the year increased to more than 35,000 vehicles, up 14 per cent over the same period in 2015.

“High delivery numbers are not our primary objective”, said Oliver Blume, Chairman of the Executive Board of Porsche AG. “They are the logical consequence of our corporate strategy and an expression of our attractive product range.”

Porsche is going to use most of the profits to invest into R&D, spending 2.15 billion euros into research and development.

Moreover, it is going to spend a significant amount into the development of its first all-electric model, the production version of the Mission E, which is expected to arrive in the market at the end of the decade.

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