0816 GMT - Porsche AG's financial targets are in line with consensus after the German premium-car maker cut them again to reflect the EU-U.S. trade agreement, RBC Capital Markets' Tom Narayan writes in a research note. The group expects a return on sales from 5% to 7% this year compared with 6.5% to 8.5% previously. The mid-point of 6% is slightly above Visible Alpha consensus of 5.8%, Narayan says. The implied operating profit of 2.25 billion euros that Porsche expects is also slightly above consensus of 2.18 billion euros. Porsche AG shares trade 2.5% higher at 44.40 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
July 30, 2025 04:16 ET (08:16 GMT)
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