Revaluation of the put and call options negatively influences the nine-month profit/loss of Porsche SE / Effect does not impact liquidity
Stuttgart, Germany, 4 November 2011. In the first nine months of the fiscal year 2011, Porsche Automobil Holding SE, (Porsche SE) Stuttgart, reported a loss after tax of 462 million euro at group level. Profit from Porsche SE’s investments accounted for at equity, comprising the profit from Porsche Zwischenholding GmbH and Volkswagen AG attributable to Porsche SE, was clearly positive at 3.42 billion euro.
Profit after tax reaches 149 million euro in the first half of the year
Very good operating development of investments / burden from non-cash special effect
Prof. Dr. Winterkorn: "Porsche SE is clearly on track for success"
Annual General Meeting in Stuttgart / very good business development of Porsche and Volkswagen investments
