FRANKFURT, Jan 23 (Reuters) - German sportscar maker Porsche AG said on Friday its pre-tax profit in the first half of its 2003/2004 business year rose 11.5 percent to 207 million euros ($263 million).
The world's most profitable car company said in a statement sales in the six months to the end of January 2004 had risen 28 percent to 2.82 billion euros, according to preliminary figures.
It repeated that it expected revenues and earnings to rise in the full year. Porsche said in December its Cayenne off-roader would push sales higher this fiscal year to the end of July 2004 although it has declined to give a precise earnings forecast.