Dr. Ing. h.c. F. Porsche AG Bearer Shares
P911: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?bv | LOCK|hC$^ | LOCK|TmKK#VN |
Porsche Earnings: Pricing Discipline in China Weighs on Volumes, Supports Moat
Porsche reported first-quarter revenue of EUR 8.4 billion, down 5% year over year, weighed by a 15% decline in global automotive deliveries. Operating profit fell 22% to EUR 595 million, with return on sales of 7.1% at the upper end of guidance.
