Porsche expects sales to rise in 2024

Porsche recently reported lower sales for the fourth quarter of 2023. With the launch of four new models planned for 2024, the luxury carmaker is anticipating higher sales, despite persistent operational challenges.

 

Porsche unveiled its ambitious forecasts for the coming year on Tuesday March 12. The results unveiled by the luxury carmaker attracted the attention of analysts and investors, offering a glimpse of the challenges and opportunities in a global economic context in transition.

 

In the fourth quarter of 2023, Porsche recorded sales of 10.4 billion euros, marking a slight decline of -5% year-on-year. However, with growth of +7% on the previous quarter, this performance exceeded analysts’ expectations.

 

Adjusted EBIT amounted to 1.8 billion euros, up +3% year-on-year, also exceeding estimates.

 

New models for new forecasts

 



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Read also>PORSCHE EXPORTS SOAR IN 2023

Featured photo : © Porsche

Picture of Hugues Reydellet
Hugues Reydellet
Hugues Reydellet is a young and passionate journalist whose favorite subjects are economy, culture, gastronomy, but also cars, and sports. With a sharp pen and an insatiable curiosity, Hugues is constantly on the lookout for new hot information to report.

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