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Porsche says H1 pre-tax up 18 pct

FRANKFURT, Jan 24 (Reuters) - German sportscar maker Porsche AG said on Friday pre-tax profit had risen 18 percent to 185.1 million euros ($199 million) in the first half of its fiscal year.

The world's most profitable carmaker said revenues in the six months to January 31 rose almost 20 percent to about 2.2 billion euros, while unit sales were up 5.2 percent to about 24,684 vehicles, according to preliminary figures.

The company also said it was still on track for a ninth consecutive year of record profit and said it would sell about 65,000 vehicles in the year ending in July.

Porsche is banking on its new Cayenne sports utility vehicle (SUV) to lift overall sales and profit and has said it may struggle to sell as many of its 911 and Boxster sportscars in its current fiscal year as it did last time round.