Dr. Ing. h.c. F. Porsche AG turned in the highest profit in its corporate history during the 2004/05 fiscal year, which closed on 31st July, in spite of the costs involved in the worldwide market launch of the new-generation sports cars. At today’s meeting of the Supervisory Board, the Group’s pre-tax profit was confirmed to have risen by 8.9 percent to 1.238 billion Euros (previous year: 1.137 billion Euros). It also proved possible to increase the Group’s surplus for the fiscal year (the after-tax result) by 12.9 percent to 779 million Euros, compared with 690 million Euros for the previous year. The further-improved results are mirrored in an increased profit per share. The result per common-stock share rose to 44.68 Euros in the 2004/05 fiscal year (previous year: 39.63 Euros) and to 44.74 Euros per preferred-stock share, compared to 39.69 Euros in the previous year.

Pre-tax results for the 2004/05 fiscal year were up not only for the Group, but also for Porsche AG: there was an increase of 3.4 percent to 872 million Euros (previous year: 843 million Euros). Porsche AG’s surplus for the year rose from 488 million Euros to 528 million Euros (plus 8.2 percent), which should also benefit Porsche shareholders. The shareholders’ general meeting in Stuttgart on 27th January, 2006 will be recommended to pay common-stock shareholders a dividend of 4.94 Euros per share for the 2004/05 fiscal year (previous year: 3.94 Euros). Preferred-stock shareholders will receive a dividend of five Euros (previous year: four Euros). The sum to be distributed as dividends will rise accordingly by 25.2 percent to 87 million Euros. The shareholders’ general meeting will be asked to approve the allocation of the remaining sum of 177 million Euros for 2004/05 to retained earnings.

For the first time, the Porsche Group’s accounts for the 2004/05 fiscal year were prepared to international accounting regulations in accordance with the International Financial Reporting Standards (IFRS). To this end, the figures from the previous year were correspondingly adjusted for better comparability, which produced an improved calculative result for the previous fiscal year.

In the 2004/05 fiscal year, Group turnover rose by 6.9 percent to 6.57 billion Euros (previous year: 6.15 billion Euros). Group sales increased by 15 percent to 88,379 vehicles, compared to 76,827 units in the previous year. The new-generation 911 and Boxster models enjoyed especially strong growth, although the Cayenne remained Porsche’s best-selling model.

In the current 2005/06 fiscal year, all three model series – the 911, Boxster and Cayenne – are much in demand. The new all-wheel variants of the 911 Carrera and the Cayman S in particular will make a positive impact on Porsche’s core business. Moreover, the progressive development of new markets, particularly in Asia, will ensure further growth for the Group.

Porsche’s stake in Volkswagen AG will likewise make a significant contribution to ensuring that the manufacturer of premium sports cars remains on a path to success. Both Groups will benefit from joint research, development, purchasing and production projects. The partnership in these areas will result in considerable economies of scale, which will lead to lasting savings for both parties.

2006 Porsche 911 Carrera 4 S

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17th November, 2005
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New Audi S4 Launched in Australia
16th November, 2005
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UK Crackdown On The Uninsured
11th November, 2005
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Audi: Sweaty Overalls Off, Italian Fashion On
11th November, 2005
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Duke of York Visits Bentley Motors
11th November, 2005
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Europe's VW Touareg W12 Sport Edition
10th November, 2005
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6th November, 2005
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Strong Demand For Boxster In North America
6th November, 2005
Porsche’s sports cars posted another considerable increase in sales in October 2005. The strongest rise in Boxster shipments was recorded in North America ..... more

Peugeot’s Carbon Sink in the Amazon Forest
5th November, 2005
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The Last Rover
5th November, 2005
The British Motor Industry Heritage Trust has discovered the mystery surrounding the very last car built at the MG Rover Longbridge plant in Birmingham ..... more

Audi Hits 4,000 Units in Australia
3rd November, 2005
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Range Rover Sport At SEMA
3rd November, 2005
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Bentley Celebrates The Blue Train Race
1st November, 2005
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VW Touareg Tow Ball Down Weight Now 350kg
31st October, 2005
Volkswagen has now increased the tow ball down weight of the Touareg from 140 kilogrammes to 350 kilogrammes ..... more

Porsche Looks For New Record In China
28th October, 2005
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4MOTION For New Volkswagen Passat
27th October, 2005
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Volkswagen Multivan Business
26th October, 2005
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Caterham Dominates Monte Carlo 2005
26th October, 2005
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Porsche Sells 3,000+ Vehicles In Japan
26th October, 2005
Porsche announced at the Tokyo Motor Show, that customer deliveries in fiscal year 2004/05 (to 31st July) increased to 3,045 units ..... more

Scottish Sports Car Of The Year
24th October, 2005
The Association of Scottish Motoring Writers has voted the Mitsubishi Lancer Evolution IX as Sports Car of the Year 2005 ..... more

Volkswagen Wins Grand Challenge 2005
20th October, 2005
Volkswagen won the American Grand Challenge 2005 with a Touareg TDI ..... more

The New Audi S8
19th October, 2005
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Japan's Mazda RX-8 'Sport Prestige Limited II'
19th October, 2005
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Start Of Building For New Porsche Museum
19th October, 2005
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Toyota Infringement Of Antonov Patents Update
19th October, 2005
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Avanti Takes A Big Step With New V-6
18th October, 2005
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Nissan Previews 2006 350Z Roadster in Sydney
14th October, 2005
Nissan's iconic 36-year-old flagship sports car, the 350Z, goes on show at the Australian Motor Show with new features ..... more

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12th October, 2005
England's Mike Newman and his Speed of Sight team have rewritten the Guinness Book of World Records, again! ..... more

Aston Martin wins 2005 Luxury Briefing Award
11th October, 2005
Aston Martin was recognised in the annual Luxury Briefing Awards with the 2005 ‘Award for Excellence’ in the luxury arena ..... more

Porsche Secures Stake In Volkswagen
11th October, 2005
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Porsche Looking For 20% of Volkswagen
26th September, 2005
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Grand Challenge 2005 in the USA
26th September, 2005
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Porsche Scores Record Sales In Germany
22nd September, 2005
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Volkswagen Touareg For 2006 Dakar Rally
21st September, 2005
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20th September, 2005
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New Mid-Engined Porsche Coupe
19th September, 2005
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Lamborghini Gallardo Spyder
14th September, 2005
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UK Diesel Sales Increase!
14th September, 2005
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Porsche Plans Hybrid Drive For Cayenne
13th September, 2005
Porsche plans to launch a fourth version of the Cayenne Sports Utility Vehicle by the end of the decade ..... more

Volkswagen Eos To Be Launched In 2006
13th September, 2005
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New Regatta for Sydney Harbour
11th September, 2005
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Covers To Come Off Audi's New S4 In Sydney
10th September, 2005
Audi's new S4 will be unveiled for the first time in Australia at the Australian International Motor Show, ahead of its November 2005 launch ..... more

Global Alliance for Hybrid Drive Development
10th September, 2005
BMW Group, DaimlerChrysler AG and General Motors have signed a "memorandum of understanding" governing the formation of an alliance for the development of hybrid drive systems ..... more

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9th September, 2005
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Audi opens up its new Cabriolet at Frankfurt
7th September, 2005
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Mercedes-Benz Classic Days 2005
7th September, 2005
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Cadillac BLS
31st August, 2005
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2007 Jaguar XK
26th August, 2005
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Audi ups the Ante on Vehicle Security
26th August, 2005
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Ford GT ‘Heritage’
23rd August, 2005
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Porsche Announces Carrera 4 Prices
14th August, 2005
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The New Range Rover Sport
9th August, 2005
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7th August, 2005
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Aston Martin V8 Vantage Coming To Australia
5th August, 2005
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Sporty Look For Europe's Peugeot 307
4th August, 2005
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4th August, 2005
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MG Rover Sold To Nanjing Automotive
1st August, 2005
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Lamborghini Gallardo SE
1st August, 2005
The limited edition Lamborghini Gallardo SE (Special Edition) has been launched by Automobili Lamborghini SpA ..... more

Peugeot 407 Coupe Breaks Cover
31st July, 2005
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New Porsche Panamera Is Due In 2009
28th July, 2005
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Morgan Range Updated For 2005
20th June, 2005
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