Porsche more bullish on full-year profits

Newswire

STUTTGART, Germany, June 26 (Reuters) - German sports car maker Porsche raised its full-year profit forecast helped by book gains from its Volkswagen stake, it said on Tuesday after reporting stagnant sales and revenue. "Considering the ten months of the year so far, it is not difficult to predict that our annual earnings on 31 July 2007, that is at the end of this business year, will be significantly -- and I mean significantly better than the 2.1 billion euros ($2.83 billion) in the ...

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