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4-Traders Homepage  >  Equities  >  Xetra  >  Daimler AG    DAI   DE0007100000

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60.76 EUR   +1.35%
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Porsche To Launch Smaller Panamera Version By 2017 - Report

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05/10/2012 | 11:31am CEST

Porsche Automobil Holding SE's (PAH3.XE) sportscar unit plans to launch a small coupe based on its Panamera model by 2017 with prices starting at EUR65,000, weekly Autobild reports Thursday without identifying its sources.

The car would be named Pajun and compete with Daimler AG's (>> Daimler AG) Mercedes-Benz-Class and CLS models.

Porsche executives have indicated in the past the sportscar maker could launch a smaller version of the Panamera.

A spokesman for Porsche said no decision has been made yet regarding this project.

Magazine website: www.autobild.de

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

Stocks mentioned in the article : Daimler AG
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Financials (€)
Sales 2016 153 360 M
EBIT 2016 12 989 M
Net income 2016 8 543 M
Debt 2016 10 169 M
Yield 2016 5,52%
P/E ratio 2016 7,54
P/E ratio 2017 7,09
EV / Sales 2016 0,48x
EV / Sales 2017 0,46x
Capitalization 64 137 M
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Number of Analysts 31
Average target price 72,6 €
Spread / Average Target 21%
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Managers
NameTitle
Dieter Zetsche Chairman-Management Board & CEO
Manfred Bischoff Chairman-Supervisory Board
Thomas Weber Head-Group Research & Member-Management Board
Jan Brecht Chief Information Officer
Clemens A. H. Boersig Member-Supervisory Board
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