As VW had released its H1 numbers at the beginning of August, Porsche’s profit numbers were very much in line with these. The company showed a result from at-equity investments of €1.94bn (+1.4%) and a pre-tax number of €1.90bn (+1.5%). VW’s net profit had been up by 1.5%. Porsche’s net profit was up by 2.0% to €1.90bn as its income tax charge fell from €14m in H1 17 to €4m. Cash from operations (based on management’s definition) increased from
10 Aug 2018
Porsche SE’s H1 numbers were no surprise
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Porsche SE’s H1 numbers were no surprise
Porsche Automobil Holding SE Pref (PAH3:WBO) | 0 0 (0.0%) | Mkt Cap: 7,181m
- Published:
10 Aug 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
As VW had released its H1 numbers at the beginning of August, Porsche’s profit numbers were very much in line with these. The company showed a result from at-equity investments of €1.94bn (+1.4%) and a pre-tax number of €1.90bn (+1.5%). VW’s net profit had been up by 1.5%. Porsche’s net profit was up by 2.0% to €1.90bn as its income tax charge fell from €14m in H1 17 to €4m. Cash from operations (based on management’s definition) increased from