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4-Traders Homepage  >  Equities  >  Xetra  >  Porsche Automobil Holding SE    PAH3   DE000PAH0038

Real-time Quote. Real-time Tradegate - 03/28 10:14:45 am
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Porsche Automobil Holding SE : Porsche presents University of Applied Sciences of Western Saxony with Panamera S Hybrid

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05/14/2012 | 07:49pm CEST
Porsche presents University of Applied Sciences of Western Saxony with Panamera S Hybrid Permanent loan for Zwickau driving simulation projects

Stuttgart/Zwickau. Dr. Ing. h.c. F. Porsche AG, Stuttgart, is today presenting a Panamera S Hybrid to the Institute for Traffic System Technology of the University of Applied Sciences of Western Saxony in Zwickau. Students will be using the 380 hp (279 kW) Porsche with its fuel consumption of a mere 7.1 litres for their traffic planning work in the university's own driving simulator - specifically we are talking about virtual journeys for improving new roads with a high risk of accident. At Porsche's Weissach Development Centre, the Panamera S Hybrid was specially modified for the driving simulator's requirements. Moreover, Porsche will be providing the Zwickau scientists with important practical research data.

"Motivated by regional solidarity we have a long established record of close collaboration with the university, supporting thesis, giving lectures on site as well as inviting students to our Leipzig factory," explained Siegfried Bülow, Chairman of the Executive Board of Porsche Leipzig GmbH at the ceremonial handover of the vehicle today on the university campus. This partnership had grown over the years and been intensified last autumn with the launch of a collaborative research venture with the Porsche Development Centre, Bülow added.

"It is an alliance from which all participants benefit handsomely," said Wolfgang Hatz, Member of the Executive Board, Research and Development of Porsche AG. "This is a mutually beneficial relationship. We synergise with the Saxon scientists' know-how and in return we provide our development data and vehicles for research. In that way we keep in contact with tomorrow's top experts and recruit the best graduates directly from the university."

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Note: You can find additional information as well as images on the Porsche press database at the following address: https://presse.porsche.de.

5/14/2012

E-mail: presse@porsche.de
Phone number: +49 (0)711/911-0

Further information and pictures for journalists and media representatives can be found on the Porsche press database at http://presse.porsche.de/.

For general enquiries and comments please contact info@porsche.de.

Contact person
Hans-Gerd Bode Head of Communications Porsche AG
Dirk Erat Head of Corporate Communications
Heiner von der Laden Production Stuttgart, Porsche Consulting
Julia Pirlich Production Leipzig
Lukas Kunze Sales and Human Resources
Eberhard Scholl Local Press Stuttgart
Christian Weiss Porsche Design
Thomas Becki Head of Product and Technical Communications
Hermann-Josef Stappen Technical Communications
Holger Eckhardt Model Range: 911, Boxster/Cayman
Thomas Hagg Model Range: Panamera, Cayenne, Macan
Ina Hämmerling Lifestyle Communication and Public Media
Oliver Hilger Motorsport Communication
Michael Blaurock Test Vehicles
Andreas Schönhuber Test Vehicles
Sabine Schröder International Press, Subsidiaries and Importers
Achim Stejskal Head of Porsche Museum
Dieter Landenberger Historical Archive
Astrid Böttinger Porsche Museum
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EBIT 2017 -57,1 M
Net income 2017 2 799 M
Finance 2017 1 360 M
Yield 2017 2,93%
P/E ratio 2017 5,06
P/E ratio 2018 4,63
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EV / Sales 2018 14 348x
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Average target price 61,4 €
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Hans Dieter Pötsch Chairman-Executive Board & CFO
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