Dr. Ing. h.c. F. Porsche AG Bearer Shares
P911: XETR (DEU)
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Porsche Earnings: Strong Sales of 911 Model Lift Profitability; Fair Value Estimate Unchanged
Porsche reported a robust improvement in profitability in the second quarter, led by a materially higher mix of its iconic 911 model and a lower mix of margin-dilutive battery electric vehicles, as well as lower one-off expenses. A weaker second half is expected. It maintained full-year guidance.
