UPDATE 2-Porsche more upbeat after VW impact boosts H1

Newswire

(Adds stock price, market reaction) By Michael Shields, European Auto Correspondent FRANKFURT, Jan 26 (Reuters) - Germany's Porsche AG forecast on Friday it would be able to keep profits steady this fiscal year after income from its Volkswagen stake helped first-half pretax profit surge. But its shares only edged higher as the market looked past the Volkswagen windfall to focus on weaker car sales and revenue in the six months to the end of January. Earnings before taxes swelled to ...

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