Porsche sees steady 2006/07 profit after strong H1

Newswire

FRANKFURT, Jan 26 (Reuters) - Germany's Porsche forecast on Friday that it would be able to maintain profits in this fiscal year after first-half pretax profit easily beat what analysts had expected. Earnings before taxes rose sharply to 1.45 billion euros ($1.9 billion) from 277.8 million euros while profit after tax was 1.05 billion euros. Analysts polled by Reuters had on average expected first-half pretax profit of 425 million euros. The company said: "Assuming there are no surprises ...

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