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Porsche expects 2014 EBIT to at least match year-ago level
March 14, 2014 / 9:11 AM / 4 years ago

Porsche expects 2014 EBIT to at least match year-ago level

STUTTGART, Germany, March 14 (Reuters) - German sports-car maker Porsche expects operating profit this year to at least match last year’s record of 2.58 billion euros ($3.59 billion), the company said on Friday.

Car sales may increase to a new record this year after growing 3 percent in the first two months to 23,286 vehicles, powered by the new Macan compact SUV, Porsche said at its annual press conference at Stuttgart headquarters.

$1 = 0.7180 euros Reporting by Ilona Wissenbach Writing by Andreas Cremer; Editing by Victoria Bryan

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