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POAHY Porsche Automobile Holding SE (PK)

4.70
0.01 (0.21%)
15 Jul 2024 - Closed
Delayed by 15 minutes
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

Volkswagen Shareholder Porsche SE Backs Full-Year Guidance

14/05/2013 9:52am

Dow Jones News


Porsche Automobile (PK) (USOTC:POAHY)
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FRANKFURT--Volkswagen AG's (VOW.XE) main shareholder Porsche Automobil Holding SE (PAH3.XE) Tuesday confirmed its full-year guidance after posting a profit for the first quarter.

Porsche SE continues to expect an after-tax profit in the low single-digit billion euro range for 2013, based on Volkswagen's expectations.

In the first quarter, Porsche's after-tax profit amounted to 601 million euros ($781 million).

Porsche SE had a 51% stake in Volkswagen as of Dec. 31 following the sale of its sports car manufacturing operations to Volkswagen.

Write to Friedrich Geiger at friedrich.geiger@dowjones.com

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