Dr. Ing. h.c. F. Porsche AG Bearer Shares

P911: XETR (DEU)
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Porsche Earnings: Pricing Discipline in China Weighs on Volumes, Supports Moat

Porsche reported first-quarter revenue of EUR 8.4 billion, down 5% year over year, weighed by a 15% decline in global automotive deliveries. Operating profit fell 22% to EUR 595 million, with return on sales of 7.1% at the upper end of guidance.

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