FRANKFURT--Volkswagen AG's (VOW.XE) main shareholder Porsche
Automobil Holding SE (PAH3.XE) Tuesday confirmed its full-year
guidance after posting a profit for the first quarter.
Porsche SE continues to expect an after-tax profit in the low
single-digit billion euro range for 2013, based on Volkswagen's
expectations.
In the first quarter, Porsche's after-tax profit amounted to 601
million euros ($781 million).
Porsche SE had a 51% stake in Volkswagen as of Dec. 31 following
the sale of its sports car manufacturing operations to
Volkswagen.
Write to Friedrich Geiger at friedrich.geiger@dowjones.com
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