- Summary
- Companies
- Interest rates hitting demand globally – CFO
- 9 month returns, sales in line with annual forecast
- Stronger North America, Europe sales compensate China dip
BERLIN, Oct 25 (Reuters) – Porsche AG (P911_p.DE) reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.
The luxury carmaker’s supply chain was improving with…
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