After VW had released surprisingly good net earnings for 2018, Porsche’s numbers were also better than anticipated. This company’s EBIT number (which includes the VW at-equity profit contribution) increased by almost 6% to €3.50bn and net earnings were up by 6% to €3.47bn. As VW will also distribute a higher than previously expected dividend, Porsche raises its own dividend from €1.76 to €2.21.
19 Mar 2019
Final 2018 numbers are out
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Final 2018 numbers are out
Porsche Automobil Holding SE Pref (PAH3:WBO) | 0 0 (0.0%) | Mkt Cap: 7,181m
- Published:
19 Mar 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
After VW had released surprisingly good net earnings for 2018, Porsche’s numbers were also better than anticipated. This company’s EBIT number (which includes the VW at-equity profit contribution) increased by almost 6% to €3.50bn and net earnings were up by 6% to €3.47bn. As VW will also distribute a higher than previously expected dividend, Porsche raises its own dividend from €1.76 to €2.21.