Porsche 2007 Annual Report Download - page 66
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63
Services
The subsidiaries Mieschke Hofmann and Partner (MHP),
Porsche Consulting and Porsche Design ratcheted up their rates
of growth again.
The Group’s subsidiaries are a credit to the Porsche name, and are on the
right track in every respect. Mieschke Hofmann und Partner Gesellschaft für
Management- und IT-Beratung mbH (MHP) in particular demonstrated its
potential for growth in fiscal 2007/08 with a 38 percent increase in revenue
to 68.6 million Euro. At the same time, the number of employees rose by
14 percent to 413. This enabled the Company based in Freiberg am Neckar
to continue to build on its position in the process and IT consultancy market.
Porsche holds a 74.8 percent share in MHP.
Apart from Porsche, MHP supports around 250 major clients from various
industries, continuing to focus in particular on the automotive industry. More
than 90 percent of the 25 most important companies in this sector in Germany
rely on MHP’s consultancy experience. This is why the Company has several
offices in the centers of the German automotive industry. In order to maintain
its growth, MHP has also ventured outside Germany by setting up a subsidiary
in Zurich, Switzerland.
With its symbiosis of process and IT consulting, MHP offers clients holistic
concepts and solutions spanning the entire process chain, from planning
through implementation to management of IT solutions. A survey conducted
by the market research Company Lünendonk GmbH revealed that MHP is one
of 25 largest IT consultancy firms in Germany. Moreover, an image study
carried out by the European School of Business (ESB) in Reutlingen ranked
MHP as the German process and IT consulting firm with the greatest expertise
in the automotive sector.
Consulting gives doctors a boost
In the year under review, Porsche Consulting GmbH in Bietigheim-Bissingen
was able to once again improve its position in the German consultancy market,
growing revenue 20 percent to 55.3 million Euro. The number of employees
rose from 170 to 207.
Porsche Consulting GmbH, which is one of the top 20 management consul-
tancy firms in Germany, generated around 84 percent of its revenue in fiscal
2007/08 with companies not belonging to the Porsche Group. The remaining
16 percent of revenue stems from cooperation with the parent Company.