Porsche AG Reports Resilient 2024 Financial Results

Porsche AG concluded 2024 with a stable financial performance amidst global challenges. The company achieved a Group sales revenue of €40.1 billion and an operating profit of €5.6 billion, despite market hurdles in China and a gradual e-mobility uptake. A historic record in four out of five global regions demonstrated Porsche's resilience. The introduction of renewed models like the Cayenne, Panamera, Taycan, and others consolidated Porsche’s product portfolio, with electrified vehicles making up 27% of sales.

Despite a slight decrease in deliveries to 310,718 units, sales records were set across various regions, excluding China. Porsche's commitment to diverse drivetrains, including combustion, hybrid, and electric, remains robust. The brand's focus on customization through Porsche Exclusive Manufaktur is expanding, doubling average revenue per vehicle over five years.