Porsche AG : Q3 23 meets expectation; weak Chinese market; p

Porsche AG : Q3 23 meets expectation; weak Chinese market; product launch execution in focus -October 25, 2023 at 12:32 pm EDT

EARNINGS/SALES RELEASESThe Q3 23 results were broadly in line as revenue topped our estimates by 5% and Operating Income by 1%. The Q3 23 EBIT margin continued to decrease yoy and sequentially as the...

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