BRIEF-Porsche AG Q1 Operating Profit At EUR 595 Million

April 29 (Reuters) - DR ING HC F PORSCHE AG P911_p.DE:

  • PORSCHE AG Q1 OPERATING PROFIT EUR 595 MILLION

  • PORSCHE AG Q1 REVENUE EUR 8,400 MILLION VERSUS. IBES ESTIMATE EUR 8,749 MILLION

  • DR ING HC F PORSCHE AG - GROUP RETURN ON SALES IS AT UPPER END OF FORECAST RANGE

  • DR ING HC F PORSCHE AG - IMPROVED AUTOMOTIVE NET CASHFLOW AT 514 MILLION EUROS

  • DR ING HC F PORSCHE AG - FORECAST REMAINS STABLE DESPITE CHALLENGING ECONOMIC ENVIRONMENT

  • DR ING HC F PORSCHE AG - FORECAST DOES NOT INCLUDE POSSIBLE EFFECTS OF AN ONGOING CONFLICT IN MIDDLE EAST

  • DR ING HC F PORSCHE AG - CEO DR MICHAEL LEITERS IS WORKING FLAT OUT ON NEW STRATEGY 2035. GOAL IS TO LOWER BREAK-EVEN POINT

  • DR ING HC F PORSCHE AG - Q1 GROUP OPERATING RETURN ON SALES OF 7.1 PER CENT (PREVIOUS YEAR: 8.6 PER CENT) REACHED UPPER END OF FORECAST RANGE

  • DR ING HC F PORSCHE AG - Q1 TARIFF PAYMENTS AMOUNTED TO AROUND 0.2 BILLION EUR

Source text: ID:nEQ5pZ9Wla

Further company coverage: [P911_p.DE]


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