Earnings outlook

Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

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Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

The Porsche logo, the German automobile manufacturer specialising in high-performance luxury sports cars, SUVs, and sedans, headquartered in Stuttgart and part of the Volkswagen group, captured in their Porsche Zentrum Zrich shop, their main center in the biggest Swiss city, in Zrich on November 13, 2023, in Zrich, Switzerland. Joan Cros | Nurphoto | Getty … Read more

Shares fall on lower fares, fall in quarterly profit

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Shares fall on lower fares, fall in quarterly profit

A Ryanair passenger plane lands at Cologne/Bonn Airport. Thomas Banneyer | Picture Alliance | Getty Images Ryanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months. At 1:48 p.m. London time, Ryanair shares were down 14.23%, after … Read more