BERLIN—Porsche reported a 40.6 percent leap in operating profit to more than 5 billion euros ($5 billion) in the first nine months of 2022 and predicted a strong 2023 as its ability to raise prices protected it from the costs of supply chain snags.
Still, the carmaker did not raise its annual margin outlook from 17–18 percent even as it yielded a 17.8 percent profit margin in the third quarter, up from 15.5 percent last year.
