Porsche makes U.S. profits without FX hedges -paper

Newswire

FRANKFURT, Aug 22 (Reuters) - German luxury sports car maker Porsche earns money in the United States even without currency hedges that flatter its results, Chief Executive Wendelin Wiedeking was quoted as saying. "The market in the United States is very large. We could do even more there," Germany's Boersen-Zeitung quoted him as saying in an interview to be published on Tuesday, suggesting it was under-represented there compared with parts of Europe. North America is Porsche's most ...

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