Arndt Ellinghorst
Arndt Ellinghorst
business capital control hardly image management questions raises whether
There's hardly any business rationale for this deal. It really dilutes the image of Porsche, and raises questions about whether the management has control over the capital of the company.
gives guidance later management might outlook rest series valid welcome whether
I welcome the step. It gives management credibility. What we would look for now is whether this outlook is just part of a series of revisions that might come later or whether today's guidance is valid for the rest of 2002.
chrysler commercial earnings estimates fear results vehicles
The quarterly results are very, very good. Profitability at Chrysler and Commercial Vehicles is convincing. This should take some of the fear out of the market. I think earnings estimates will now have to be raised.
car companies company higher invest investing pay porsche profitable rather
Porsche told us that they were going to invest back into the company rather than pay higher dividends. Now they're investing in one of the least profitable car companies in Europe.
filling germans hybrid missing saw seeing technology until
Until now, the Germans thought, 'We can make it with diesel.' They saw hybrid as a technology that was just filling a gap. Now they're seeing that, particularly in the U.S., they're missing a market.
against euro expected fact further hold increase net per percent raise share viewed
The fact that they didn't raise their dividend any further - we expected 0.70 euro ($A1.14) per share - was a disappointment when viewed against the 11 percent increase in net profit. We would hold the stock.
against expected fact further hold increase net per percent raise share viewed
The fact that they didn't raise their dividend any further -- we expected 0.70 euros per share -- was a disappointment when viewed against the 11 percent increase in net profit. We would hold the stock.
clearly company continue cost delivering effect given half highlights last less market mix models outlook positive pressures resistant savings second similar volume year
The outlook that the first half-margin should be similar to the second half last year clearly highlights that the market pressures will continue and that Peugeot is less resistant to these pressures, given that their cost savings are flattening out and the new models are delivering less of a positive volume and mix effect than the company was expecting.
adjusted effects margin pension percent positive slightly treatment
Adjusted for positive effects from the treatment of pension obligations, BMW's fourth-quarter automotive margin of 6.6 percent was slightly better than expected.
spin suffering
After all these years of suffering, why spin it off?
break built increases likelihood major needs networks painful
This increases the likelihood that Zetsche will make major changes. He needs to break up all these networks that were built up over the 10 years of Schrempp. It's going to be a painful process.
porsche slap
For most Porsche shareholders, it's a slap in the face.
break mercedes
The make or break for Mercedes will be the face-lift of the E-class.