Good development of the Porsche and Volkswagen investments
Stuttgart, 7 May 2012. In the first quarter of the current fiscal year 2012, Porsche Automobil Holding SE (Porsche SE), Stuttgart, reported a profit after tax of 327 million euro at group level. The profit was primarily attributable to the good development of Porsche SE's two investments in the Volkswagen group and the Porsche Zwischenholding GmbH group. The profit from investments accounted for at equity amounted to 1.169 billion euro for the period from 1 January to 31 March 2012.
Porsche SE benefits from positive development at Porsche and Volkswagen
Profit, however, impacted by the valuation adjustment without effect on cash of the put and call options / significantly higher dividend proposed
Supervisory Board of Porsche SE extends appointments
Prof. Winterkorn and Hans Dieter Pötsch appointed for five more years
