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Porsche once again significantly increases its operating result

Stuttgart. A positive result in terms of operating result and yield: After the first nine months of 2016, Dr. Ing. h.c. F. Porsche AG has increased its operating result by 12% to 2.9 billion euro. The operating profit margin has reached 17.4%. For the previous year this figure was 15.5%. The number of deliveries has risen by 3% in comparison with the same time period last year, reaching a total of 178,314 vehicles. A turnover of 16.5 billion euro has corroborated the high figures from last year. Deputy Chairman of the Executive Board and Member of the Executive Board, Finance and IT, Lutz Meschke, believes that Porsche is on the right track: “With our profit margins, we continue to be one of the world's most profitable automotive manufacturers. As a result of this, we are able to cover the costs of investments for the future in the fields of electro-mobility, digitalisation and connectivity”.
Our attractive product range is the key to our economic success, states Chairman of the Executive Board, Oliver Blume. “Good financial results build the foundation for innovative sports cars of the future. Delighted customers, good profit margins and secure jobs are all parameters that we use to measure our success”.
Chief Financial Officer, Lutz Meschke, credited the excellent growth in operating result to the increased sale figures as well as to stringent fixed cost management and positive        effects resulting from currency hedging. For the full financial year 2016, Meschke expects a slight in-crease in operating result in comparison with the previous year. In addition, the sports car manufacturer will once again exceed its strategic objective to achieve a profit margin of 15%.
As a result of this success, Porsche has been able to create new job opportunities. After nine months of 2016, the Porsche team has increased to 27,115 employees - 13% more than 12 months ago. This continued growth now means that the number of employees has more than doubled over the past six years.
About AAS Auto Service
AAS Auto Service (AAS), the sole authorized importer and distributor of Porsche cars in Thailand, is an excellent service centre along with experienced engineers trained by
Porsche Germany and quality guaranteed by Porsche Service Excellence Award. 10 of our engineers also qualified from ZPT3 Gold Theory Test & Recertification, in which AAS contains the highest number of qualified engineers among 13 countries of Porsche Asia Pacific. Over 30 years, AAS continued to practice the company policy AAS Looking after You and Your Car, in order to achieve our mission of AAS The Name you can Trust”.

More information please contact  
AAS Auto Service Co., Ltd. 02-522-6655 ext. 101-103 or visit us at www.porsche.co.th
Porsche Centre Bangkok Vibhavadi Rangsit Rd. Tel. 02-522-6655
Porsche Centre Pattanakarn Tel. 02-369-1111
Porsche City Showroom Siam Paragon FL. 2 Tel. 02-610-9911