porsche profits jump 25 during first nine months of 2011
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Porsche profits jump 25% during first nine months of 2011

Arab Today, arab today

Arab Today, arab today Porsche profits jump 25% during first nine months of 2011

Frankfurt - Arabstoday

Luxury German sports car maker Porsche, in which Qatar holds a 10 percent stake, has said its profits jumped 25 percent during the first nine months of 2011. Following a surge in sales to Asia, the group said operating profit between January and September rose to 1.51bn euros ($2.14bn) from 1.21bn euros in the same period in 2010. Porsche said it predicts that earnings and sales in the full year 2011 will surpass last year. Lutz Meschke, Porsche’s chief financial officer, said: “This result impressively underlines the sustainable quality of our growth trajectory, which we will continue throughout the full 2011 financial year. \"Our assumption is that 2011 sales revenue and operating profit will significantly exceed the previous year’s levels.\" During the reporting period, Porsche’s turnover rose by 20 percent with sales increasing by 26 percent to 85,872 vehicles. Matthias Müller, chairman of Porsche, said: “For the first time in its history, Porsche will sell over 100,000 vehicles.” Porsche said growth was spread across all regions but with the largest increase being posted by China, with vehicle sales up 82 percent to 17,683 units. Total sales in the Asia/Rest of the World region, which includes the Middle East, rose by 54 percent to 31,954 vehicles.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

porsche profits jump 25 during first nine months of 2011 porsche profits jump 25 during first nine months of 2011

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

porsche profits jump 25 during first nine months of 2011 porsche profits jump 25 during first nine months of 2011

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday