Last $9.24 USD
Change Today -0.08 / -0.86%
Volume 45.0K
POAHY On Other Exchanges
As of 8:10 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

porsche automobil-unsp adr (POAHY) Snapshot

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52 Week High
04/22/14 - $11.24
52 Week Low
08/28/13 - $8.29
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porsche automobil-unsp adr (POAHY) Details

Porsche Automobil Holding SE, an investment holding company, develops, produces, and sells passenger and sports cars, light commercial vehicles, trucks, and buses. It is also involved in financing, leasing, banking, and insurance activities. The company sells its products under the Volkswagen, Audi, ŠKODA, SEAT, Bentley, Lamborghini, Porsche, Bugatti, Scania, and MAN brands. It operates primarily in Europe, North America, South America, and the Asia-Pacific. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft. Porsche Automobil Holding SE is headquartered in Stuttgart, Germany.

35 Employees
Last Reported Date: 08/6/14

porsche automobil-unsp adr (POAHY) Top Compensated Officers

Chairman of the Board of Management
Total Annual Compensation: €791.6K
Chief Financial Officer and Member of the Exe...
Total Annual Compensation: €560.5K
Member of Executive Board, Chairman of Manage...
Total Annual Compensation: €2.0M
Member of Executive Board
Total Annual Compensation: €745.1K
Compensation as of Fiscal Year 2013.

porsche automobil-unsp adr (POAHY) Key Developments

US Court of Appeals Affirms Dismissal of Hedge Funds' Lawsuits against Porsche Automobil Holding

Porsche Automobil Holding achieved a further success in lawsuits with U.S. hedge funds. The Court of Appeals for the Second Circuit affirmed the U.S. District Court for the Southern District of New York's dismissal of the lawsuits of the eight hedge funds remaining in the appeal as of December 30, 2010, in which the jurisdiction of the U.S. courts as claimed by the hedge funds was rejected. The plaintiffs asserted claims against Porsche SE under the U.S. securities laws and common law arising out of Porsche SE's acquisition of and disclosures regarding Volkswagen ordinary shares in 2008. However, the plaintiffs can act procedurally against this decision.

Porsche SE Announces Earnings Results for the First Half of Fiscal 2014; Provides Earnings Guidance for the Full Year of Fiscal 2014

Porsche SE announced earnings results for the first half of fiscal 2014. For the six months, the company has announced an increase in profit. The company achieved a group profit of EUR 1.74 billion for the first half of this year, compared with EUR 1.49 billion for the first half of 2013. The improvement was due in part to growing earnings at the Volkswagen group. The company provided earnings guidance for the full year of fiscal 2014. The company predicts its full year profit to be between EUR 2.2 billion and EUR 2.7 billion.

Porsche SE Seeks Acquisitions

Porsche Automobil Holding SE (DB:PAH3) plans to make acquisitions as it has posted a 17% rise in after-tax profit of second quarter of 2014.


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