Porsche's H1 pre-tax profit up 7 percent

Newswire

FRANKFURT, Feb 28 (Reuters) - German luxury carmaker Porsche reported on Monday final first-half figures that showed pre-tax profits rose 7 percent in the six months to end-January. The Stuttgart-based company, which generates the highest margins in the industry, also stuck to its guidance of revenue growth and a continued high level of profitability amidst a rise in vehicle sales to at least 80,000 units. Earnings before taxes rose to 226.1 million euros ($299.7 million) from 211.3 ...

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