Dr. Ing. h.c. F. Porsche P911 (still long)

XETR_DLY:P911   Porsche AG Vz
Full year 2023 earnings: Revenues in line with analyst expectations
Full year 2023 results:

Revenue: €40.5b (up 7.7% from FY 2022).
Net income: €5.16b (up 4.2% from FY 2022).
Profit margin: 13% (in line with FY 2022).

Revenue was in line with analyst estimates.

Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Auto industry in Germany.

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