Porsche AG sees record earnings, sets long-term margin goal of 20%

The company, historically a huge money spinner for the Volkswagen Group, is targeting a rise in revenue to 40-42 billion euros this year from 37.6 billion in 2022, and a margin of 17-19%. Long-term, its goal is a 20% margin, the statement said.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.