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Porsche's 2023 Results
Posted: Mon Apr 01, 2024 11:26 pm
by SSO
Just did an analysis of Porsche's 2023 Results and Ownership structure. Overall they are in quite good condition but ownership structure could not be more convoluted if they tried.
https://karenable.com/porsche-2023-results/
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 3:06 am
by RobYob
I like the analogy of Porsche shareholders to Monacoians (Monacanites?)
Surprised the SUVs aren't profitable as anecdotally there should be huge R&D and economies of scale with the closely related VW empire products.
Unless the numbers are fiddled to make Porsche SUVs less profitable to push up the numbers for VW/Audi/Skoda variants?
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 4:17 am
by SSO
RobYob wrote: Tue Apr 02, 2024 3:06 am
I like the analogy of Porsche shareholders to Monacoians (Monacanites?)
Surprised the SUVs aren't profitable as anecdotally there should be huge R&D and economies of scale with the closely related VW empire products.
Unless the numbers are fiddled to make Porsche SUVs less profitable to push up the numbers for VW/Audi/Skoda variants?
Im sure the SUVs are profitable, just not to the same extent as the multitude of 911 special editions
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 6:31 am
by Jobbo
It’s a good job that Porsche make profitable sports cars to keep their core SUV business going.
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 9:13 am
by Simon
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 7:24 pm
by PaulJ
Jobbo wrote: Tue Apr 02, 2024 6:31 am
It’s a good job that Porsche make profitable sports cars to keep their core SUV business going.
I resemble that remark!
Re: Porsche's 2023 Results
Posted: Tue Apr 02, 2024 7:27 pm
by Ascender
Jobbo wrote: Tue Apr 02, 2024 6:31 am
It’s a good job that Porsche make profitable sports cars to keep their core SUV business going.
