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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.21% | 4.70 | 4.65 | 4.75 | 4.71 | 4.67 | 4.69 | 418,270 | 21:20:00 |
From Jul 2019 to Jul 2024
German sportscar maker Porsche Automobile Holding SE (PAH3.XE) said Friday its net liquidity has improved significantly following the successful completion of its capital increase.
MAIN FACTS:
-As of the reporting date for the first three months of the fiscal year 2011 (31 March 2011), net liquidity was still -EUR6.7 billion.
-In April 2011, the capital increase produced issue proceeds of some EUR4.9 billion at Porsche SE, which was fully utilized to repay liabilities to banks.
-As a result, net liquidity is -EUR1.8 billion before the expected inflow of dividends from the investments.
-As a result of the repayment of liabilities to banks, the future interest expenses of Porsche SE will decrease significantly
-First-quarter profit after tax came in at EUR691 million, mainly due to the very good development of its investments at Porsche and Volkswagen AG (VOW.XE).
-Profits from investments accounted for at equity were EUR606 million in the first three months.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
1 Year Porsche Automobile (PK) Chart |
1 Month Porsche Automobile (PK) Chart |
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