Porsche 2002/03 pretax around 950 mln euro -report

Newswire

FRANKFURT, Sept 27 (Reuters) - German sportscar maker Porsche AG made a pre-tax profit of around 950 million euros ($1.09 billion) in its business year to the end of July, a magazine said on Saturday, citing Porsche managers. "A company can scarcely be more healthy," Porsche Chief Executive Wendelin Wiedeking told German weekly Der Spiegel in a pre-released interview to be published in next week's magazine. This would be the ninth straight year of record profits for Porsche, which posted ...

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