Porsche downgrades earnings outlook for FY 2024

(Reuters) – Porsche Automobil Holding on Tuesday said it has lowered its 2024 group result after tax and expects it in a range of 3.5 billion euros ($3.78 billion) to 5.5 billion euros after Volkswagen updated its forecast.

($1 = 0.9254 euros)

(Reporting by Urvi Dugar in Bengaluru; editing by David Evans)


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