Porsche to break tradition with 9-month sales figs

Newswire

By Nick Tattersall FRANKFURT, May 22 (Reuters) - Porsche AG said on Thursday it would publish quarterly revenue figures next week for the first time ever, in a bid to reassure investors that its business is on track despite a strong euro and a weak economy. The world's most profitable carmaker has always refused to issue quarterly earnings reports, saying they are of no benefit to shareholders and encourage a short-termist business strategy. But its stock has been one of the worst ...

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