Even though the world has been fighting an ongoing pandemic, Porsche has been able to post some solid numbers throughout the first three quarters of 2020. In total, Porsche generated an operating result of 2.0 billion euros (~$2.3 billion USD). Porsche also notes they had a revenue of 19.4 billion euros (~$22.5 billion USD_ which was a 10.4 percent return on sales. While the operating result was down by 28 percent when you compare it to last year’s numbers, Porsche is satisfied considering the situation the entire world is facing every day.
“Our young, attractive product portfolio appeals to customers. I’m optimistic about the coming months,” says Oliver Blume, Chairman of the Executive Board at Porsche AG. “The new 911 and our electric sports car, the Taycan, impressively demonstrate our innovative strength, and their sales figures have exceeded our expectations.”
For these first three quarters, Porsche delivered a total of 191,547 cars to customers around the globe, a five percent decrease compared to 2019. Interestingly enough, the Chinese market has been a source of success for Porsche as they have delivered a total of62,823 cars to China. Getting down to models, 25,400 units of the 911 were delivered and 11,000 units of the Taycan.