With great success, Porsche has started off the year and continues to step up its deliveries, revenue and operating profit in the first three months of 2014. With 38,663 vehicles, the deliveries beat the value of the previous year by 4.5 percent. Revenue rose by one fifth to €3.93 billion in the first quarter of the fiscal year. The operating profit grew by 22 percent to €698 million. The number of jobs, which stood at around 13,000 three years ago, rose once again and exceeded the threshold of 20,000 employees in February 2014.
Looking at the development of the markets, Matthias Müller, Chairman of the Executive Board of Porsche AG, convinced that the sports car manufacturer will continue to grow especially in its largest sales markets United States and China. He said "Overall, the sales of Porsche will rise once more in the 2014 fiscal year. The market launch of the Macan will give us an additional boost."
The steadily increasing number of employees reflects the growth strategy of Porsche. Numbering 20,416 as at March 31, 2014, there were 15 percent more employees working at Porsche than a year ago. The number of employees has risen by 960 in the first quarter of 2014 alone. The staff at the Leipzig plant, where the new Macan is being produced, showed the greatest growth. The sports car maker has created new jobs at the other Porsche locations as well.
