Stuttgart, 1 August 2016. Porsche Automobil Holding SE, Stuttgart (“Porsche SE”), reports a group profit for the first six months of 2016 (1 January to 30 June 2016) of 980 million euro (first half of 2015: 1.65 billion euro). This result was significantly influenced by the profit from the investment accounted for at equity in Volkswagen AG, Wolfsburg, of 1.01 billion euro (first half of 2015: 1.70 billion euro).
Acquittal in criminal proceedings against former members of the Porsche SE executive board
Stuttgart, 28 July 2016. The Stuttgart public prosecutor has withdrawn its appeal against the verdict of the Regional Court of Stuttgart by which the former members of the executive board of Porsche Automobil Holding SE, Stuttgart (“Porsche SE”), Dr. Wendelin Wiedeking and Holger Härter, have been acquitted.
Special items at Volkswagen weight on Porsche SE's group result
Stuttgart, 20 July 2016. Volkswagen AG, Wolfsburg, reported in an ad-hoc announcement that its operating result before special items for the first six months of 2016 reaches 7.5 billion euro despite the ongoing economic impact from the Diesel issue.
Half-yearly financial report
Please find the Group half-yearly financial report 2016 of Porsche Automobil Holding SE here.
Please find all related information here.