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German sports carmaker Porsche has set cautious financial targets for the current year, with sales expected to remain roughly flat compared to 2023. Porsche executives on Tuesday said that operating return on sales in 2024 are forecast to be in the range of 15% to 17%, down from 18% in 2023. Porsche expects sales of €40 billion to €42 billion ($44 billion to $46 billion). In 2023, the company generated €40.5 billion in sales. The Stuttgart-based Porsche is a subsidiary of German auto giant Volkswagen. This year, Porsche is launching new versions of the Panamera and the Taycan electric sports c…

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