A good year for Porsche.

Porsche have been in the news recently for many stories, mainly concerning their purchasing of the VW shares and why they want them, but with their fugures out, it just shows that it is good business.

Porsche has an excellent year.

Dr. Ing. h.c. F. Porsche AG, of Stuttgart, Germany, continued its process of ongoing growth in the 2005 to 2006 Year of Business, it has been an excellent year at Porsche.

The group have seen a huge growth in pre-tax profits the figures for the year 2005 to 2006 are Pre Tax Profits 2.110 billion euros as opposed to the previous years figures of 1.238 billion euros, as you can see the increase does need any explanation other than these figures are quite incredible and include profits from the sale of part of the group and profits earned through the 203 million euro share holding in VW, which has been the butt of many news stories recently.

The company is expecting that they will be stable for the next few years as the the new models come into fruition including the new Panamera, they are expecting to able to consolidate the business over the next few years with the current models and are looking as far ahead as 2009 when they are expecting to have designed and launched a new four door sports saloon car, of which we will all be looking forward to seeing.

What do you think?
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