Porsche expects profits to be very good in 2007/08

Newswire

STUTTGART, Germany, Nov 28 (Reuters) - Germany's Porsche Automobil Holding SE expects to report another set of solid earnings for the current fiscal year 2007/08 to end-July, it said on Wednesday. Without being more specific, Chief Financial Officer Holger Haerter told a news conference that earnings would be "very good" this year and that Porsche was "very satisfied" with the profit development in the first four months through November. (Reporting by Christiaan Hetzner)

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