Porsche sees stronger pre-tax if no Middle East war

Newswire

STUTTGART, Germany, Jan 24 (Reuters) - The head of Porsche AG , the world's most profitable car maker, said on Friday the company would post higher pre-tax profit this fiscal year if tensions in the Middle East did not hit its business. "For the 2002/03 fiscal year we expect to post higher pre-tax profit once again, at least in the case that the threat of war in the Middle East does not disturb business," Porsche Chief Executive Wendelin Wiedeking said at the company's annual shareholder ...

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