Porsche reports 18.3% operating return in first nine months, confirms forecast

Canada News News

Porsche reports 18.3% operating return in first nine months, confirms forecast
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 75 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Porsche AG reported an operating return on sales of 18.3% in its first nine months on Wednesday, in line with its annual forecast, with operating profit up 9...

BERLIN - Porsche AG reported an operating return on sales of 18.3% in its first nine months on Wednesday, in line with its annual forecast, with operating profit up 9% to 5.5 billion euros .

The company had said in late September it expected to hit those forecasts despite interest rate rises and an uncertain economic outlook in China, causing some instability.'Probably the best use of cash': Warren Buffett likes businesses that dole out dividends — but he absolutely loves it when they do this instead. 3 'share cannibals' to watch now

Air Canada stock got severely beaten down in the March 2020 COVID crash. Here's why it's probably not going lower. The post 1 TSX Stock Down 60% That Could Bounce Back Stronger appeared first on The Motley Fool Canada.These dividend stocks are top notch choices for your portfolio, with analysts paving the way for more growth in the future. The post 3 Dividend Stocks Canadian Investors Should Buy in Bulk Now! appeared first on The Motley Fool Canada.

'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff Alphabet is an intriguing AI-savvy tech stock worthy of Canadians' investment dollars. The post If AI Is Indeed the 4th Industrial Revolution, You’ll Want to Buy These Stocks Sooner Rather Than Later appeared first on The Motley Fool Canada.These blue-chip stocks may be down, but don't count them out -- especially since they have a secure path back to growth in the near future. The post These Stocks Provide a Once-in-a-Decade Chance to Get Rich appeared first on The Motley Fool Canada.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Porsche uses electrification to boost performance with up to 739-horsepower hybrid CayennePorsche uses electrification to boost performance with up to 739-horsepower hybrid CayenneThe two more powerful plug-in hybrid variants tip their hats to sustainability, but their amped-up horsepower just makes them go like stink
Read more »

Bank of Canada to release its Monetary Policy Report on Wednesday, Oct. 25, at 10 a.m. ETBank of Canada to release its Monetary Policy Report on Wednesday, Oct. 25, at 10 a.m. ETThe Hill Times
Read more »

What are economists expecting from Wednesday's rate decision?What are economists expecting from Wednesday's rate decision?The Bank of Canada will make its second-last interest rate decision of 2023 on Wednesday, and most economists believe the central bank will hold its overnight rate steady at five per cent.
Read more »

Up to 50 mm of rainfall possible today into Wednesday: Environment CanadaUp to 50 mm of rainfall possible today into Wednesday: Environment CanadaAnother round of heavy rain is possible late Thursday over areas near Lake Superior, Environment Canada says
Read more »

Czech and Austrian leaders to visit Israel on WednesdayCzech and Austrian leaders to visit Israel on WednesdayExplore stories from Atlantic Canada.
Read more »

Czech and Austrian leaders to visit Israel on WednesdayCzech and Austrian leaders to visit Israel on WednesdayExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-02-19 11:16:35