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4-Traders Homepage  >  Equities  >  Xetra  >  Porsche Automobil Holding SE    PAH3   DE000PAH0038

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Porsche's 911 Model Fueled Global Car Sales In April

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05/14/2012 | 10:46am CET

Porsche Automobil Holding SE's (PAH3.XE) sportscar unit said Monday global sales in April rose 7.2% on the year to 12,588 cars, fueled by the new-generation 911 model.

"With a new best performance for customer deliveries in April, we are on track for our (growth targets until) 2018," Porsche sales chief Bernhard Maier said in a statement.

Porsche aims to almost double annual sales volume to 200,000 by 2018, according to previous statements.

In the January-to-April period, Porsche's global sales were up 12.6% compared with the same period last year at 43,141 cars.

The Porsche 911 model accounted for 3,123 car sales last month, up 40% year-on-year. The Cayenne sports-utility-vehicle remained Porsche's bestselling model with 6,037 vehicle sales in April.

MAIN FACTS:

- Porsche April sales in Europe +13.1% at 4,682 cars

- Porsche April sales in Germany +22% at 1,850 cars

- Porsche April U.S. sales +8.4% at 3,437 cars

- Porsche April sales in China +0.9% at 2,338 cars.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

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Financials (€)
Sales 2016 -
EBIT 2016 446 M
Net income 2016 2 145 M
Finance 2016 1 534 M
Yield 2016 2,19%
P/E ratio 2016 8,56
P/E ratio 2017 6,43
EV / Sales 2016 0
EV / Sales 2017 0
Capitalization 8 564 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 58,6 €
Spread / Average Target 5,5%
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NameTitle
Hans Dieter Pötsch Chairman-Executive Board & CFO
Wolfgang Porsche Chairman-Supervisory Board
Bernd Osterloh Member-Supervisory Board
Ulrich Lehner Member-Supervisory Board
Werner Weresch Member-Supervisory Board
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