* 2014 EBIT to at least match year-ago 2.58 bln
* Says sales growth to strengthen, 3 pct gain for Jan-Feb
* Porsche to launch new Macan compact SUV in April
(Adds CEO comment, background on sales)
STUTTGART, Germany, March 14 Porsche's
pursuit of record profit may suffer a setback this
year as costs of new models and technology eat into gains from
rising sports car sales.
The Volkswagen-owned division expects operating profit in
2014 to at least match the record 2.58 billion euros ($3.59
billion) of last year, which was up 6 percent on 2012 results,
Porsche said at its annual press conference on Friday.
Car sales may increase to a new record this year after
growing 3 percent in the first two months to 23,286 vehicles,
powered by the new Macan compact SUV due to hit dealerships in
April, according to Chief Executive Matthias Mueller.
"This positive trend will strengthen over the course of
2014," he said at Porsche's Stuttgart headquarters.
However finance chief Lutz Meschke said the firm needed to
shoulder high spending this year on emission-cutting technology
as well as rising personnel costs as the new Macan model helped
create 1,500 new jobs at its second German plant in Leipzig.
Porsche was bought by VW, Europe's largest automotive group
by volume, in 2012. Growth and profit at Porsche are a major
part of VW's efforts to surpass Toyota as the world's
No. 1 carmaker by volume no later than 2018.
Top managers at Porsche will soon be drawing up a new
expansion plan stretching as far as five years beyond existing
targets because the carmaker may hit a sales goal of 200,000
cars in 2015, three years earlier than expected, the CEO said
($1 = 0.7180 euros)
(Reporting by Ilona Wissenbach Writing by Andreas Cremer;
Editing by Victoria Bryan and Pravin Char)