Porsche sees higher profitability and recovery in China in 2H22

Porsche dealership

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  • Volkswagen-owned Porsche (OTCPK:POAHY) expects revenue of €38B to €39B ($38.63B to $39.64B) in 2022 vs. 33.1B in 2021, despite reporting a 5% drop in deliveries in 1H22 - Reuters.
  • The brand is targeting 20% or more return on

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