POERTSCHACH, Austria (Reuters) -- German luxury carmaker Porsche's revenues may not grow as strongly in its current fiscal year ending in July 2005 as in the previous year, Chief Executive Wendelin Wiedeking said.
"Whether we will have an increase like last year remains unclear," he said at a presentation of the new Boxster in Austria, adding that Porsche planned to give a first indication early in December at its annual press conference.
Porsche last month reported that revenues increased 13.9 percent to 6.35 billion euros ($7.79 billion) in its 2003/2004 business year.
Wiedeking, in remarks, added that order intake for its new 911 sports car was "quite positive" and demand for its Cayenne offroader currently exceeded capacity.
"It looks very good for the Cayenne," he said. "We're driving at full throttle."
The company expects to post pretax profit of over 1 billion euros for the first time for 2003/2004 thanks in large part to strong sales of the offroad vehicle.