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Name | Symbol | Market | Type |
---|---|---|---|
Porsche Automobile Holding SE (PK) | USOTC:POAHY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.70 | 4.61 | 4.62 | 4 | 13:32:47 |
Porsche AG, a unit of Porsche Automobil Holding SE (PAH3.XE), Friday said about 8,000 employees covered by its collective pay agreement will receive a bonus of EUR1,700 at the end of April for the short financial year 2010, which ran from Aug. 1 to Dec. 31.
MAIN FACTS:
-The bonus was agreed upon by the management board and the company's works council.
-Porsche AG had an operating profit of EUR688 million in the short financial year.
-The short financial year was introduced to correspond to Volkswagen AG's (VOW.XE) financial year.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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