2024-04-03 05:46:44 ET
Summary
- Volkswagen AG increased its dividend per share to €9. The company also provides a solid 2024 outlook.
- Here at the Lab, we moved Dr. Ing. h.c. F. Porsche AG to a buy recommendation.
- Porsche Automobil Holding SE plans to deleverage in 2024. The company confirmed an attractive yield. Therefore, our buy rating is confirmed.
Following Porsche Automobil Holding SE’s (POAHF)(POAHY) financial results for the fiscal year 2023, today we are back to comment on the company. Here at the Lab, we recently updated our readers on Porsche Automobil Holding's two key investments, Dr. Ing. h.c. F. Porsche AG (DRPRF)(DRPRY) and Volkswagen AG (VWAGY)(VWAPY)(VLKAF). Aside from the two listed investments, Porsche Automobil Holding SE holds minority stakes in several technology players based in Germany, Israel, and the United States....
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Porsche Automobil Holding SE: Discount To NAV Not Justified