(Reuters) - STUTTGART, Germany, June 26 - German sports car
maker Porsche said on Tuesday it expects its 2006/2007 profit to
streak past 2.1 billion euros thanks to hefty
gains from its stake in Europe's biggest car maker Volkswagen.
Porsche , the Stuttgart-based maker of
high-powered iconic sports cars like the 911 and Carrera GT,
raised its profit forecast despite reporting almost stagnant car
sales and revenues for the first ten months of the business
year.
Read more at Reuters.com Market News
maker Porsche said on Tuesday it expects its 2006/2007 profit to
streak past 2.1 billion euros thanks to hefty
gains from its stake in Europe's biggest car maker Volkswagen.
Porsche , the Stuttgart-based maker of
high-powered iconic sports cars like the 911 and Carrera GT,
raised its profit forecast despite reporting almost stagnant car
sales and revenues for the first ten months of the business
year.
Read more at Reuters.com Market News
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