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In Medium Term, Company Is Aiming For A Group Operating Return On Sales Of 10 To 15 Per Cent And An Automotive Net Cash Flow Margin Of 9 To 12 Per Cent Cash Generation Is Expected To Increase At A Disproportionate Rate Plans To Launch At Least One Brand-Defining New Product Every Year Sales And Distribution Costs Are T
Porsche AG presented its "Sportwagenschmiede '35" strategy, aiming to enhance its sports car identity with new products and technologies, improved price-sales positioning, and cost savings. The company targets a Group operating return on sales of 10 to 15 per cent in the medium term, and 15 per cent long-term.
Oct 7 (Reuters) — DR ING HC F PORSCHE AG: Dr Ing Hc F Porsche Ag - Presents New Strategy 'Sportwagenschmiede '35' Through 2035 Dr Ing Hc F Porsche Ag - Plans To Lower Break-even Point To Below 200,000 Units Dr Ing Hc F Porsche Ag - Long-term Strategic Target Is 15 Per Cent Group Operating Return On Sales And 12 Per Cen