UPDATE 1-Porsche profits storm to record high

Newswire

(Adds background, detail) FRANKFURT, Sept 27 (Reuters) - Profit and revenue at Porsche AG rose to record highs in the year to the end of July, the maker of the 911, Boxster and Cayenne sportscars said on Wednesday. Porsche, which credited new models for the improvement, said turnover grew 10.6 percent to 7.27 billion euros ($9.2 billion) as it sold 9.5 percent more vehicles -- or 96,794 in total -- thanks to an improvement in the mix of models. It had already said sales would top ...

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