691 million euro profit after tax in the first quarter of 2011 / capital increase yields issue proceeds of around 4.9 billion euro
Stuttgart, 29 April, 2011. Porsche Automobil Holding SE (Porsche SE), Stuttgart, remains on the right track. In the first three months of the current fiscal year 2011, profit after tax totaled 691 million euro. This was mainly due to the very good development of its Porsche and Volkswagen investments. The profits from investments accounted for at equity were 606 million euro in the first three months. They comprise the share of net profit generated by these investments that is attributable to Porsche SE. Read more