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

Delayed Quote. Delayed  - 09/30 05:35:25 pm
62.71 EUR   +0.98%
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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 153 503 M
EBIT 2016 13 007 M
Net income 2016 8 543 M
Debt 2016 9 969 M
Yield 2016 5,30%
P/E ratio 2016 7,73
P/E ratio 2017 7,30
EV / Sales 2016 0,50x
EV / Sales 2017 0,48x
Capitalization 66 437 M
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 72,5 €
Spread / Average Target 17%
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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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