Porsche AG : Another robust Q1 and strengths to stand out in a more demanding market
>Robust quarter once again and still confident outlook - Porsche reported yesterday morning Q1 results that were robust and close to estimates for EBIT (-2% vs VA consensus), but with a margin below the most optimistic forecasts, although still solid in absolute terms (operating margin 18.2%, stable y-o-y, -60bp vs VA consensus). Porsche continues to be underpinned by both the improvement in the production environment and a still-robust price/mix. The group also prove...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.