RPT-UPDATE 3-Porsche on track for 12th straight profit gain

Newswire

(Recasts to add company comment on outlook, repeats to make clear in paragraph 4 that shift to high end refers to models) By Christiaan Hetzner FRANKFURT, June 26 (Reuters) - Germany's Porsche raised its profit target on Monday after booming demand for its sports cars lifted 10-month results, leading the company to expect a 12th straight year of higher earnings. Porsche reiterated that turnover and unit sales are also set to reach new highs as it plans to sell "clearly more" than ...

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