Detail akcie Porsche Preferred Stock online

Business Summary: Porsche Automobil Holding SE (Porsche SE) is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and production process through to vehicle- and mobility-related services. The Company holds a wholly owned subsidiary, PTV Planung Transport Verkehr AG, and one majority owned subsidiary, Volkswagen AG. In addition, Porsche SE holds minority stakes in a number of technology companies based in the United States, Israel and Germany.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Porsche Automobil Holding SE revenues decreased 17% to EUR1.13B. Net income applicable to common stockholders decreased 16% to EUR1.07B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Other Operating Expenses increase of 33% to EUR4M (expense).