Porsche again mirrored VW’s strong performance in H1 22. The holding company benefited from VW’s strong results with revenues up and the operating margin well above expectations, driven by sky high prices despite lower volumes. A good first half-year for the HoldCo which maintains its outlook of a net result of €4.1-6.1bn for FY 2022.
08 Aug 2022
Mirroring VW's strong performance
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Mirroring VW's strong performance
Porsche Automobil Holding SE Pref (PAH3:ETR) | 0 0 0.0%
- Published:
08 Aug 2022 -
Author:
Saïma HUSSAIN -
Pages:
3
Porsche again mirrored VW’s strong performance in H1 22. The holding company benefited from VW’s strong results with revenues up and the operating margin well above expectations, driven by sky high prices despite lower volumes. A good first half-year for the HoldCo which maintains its outlook of a net result of €4.1-6.1bn for FY 2022.