Porsche Automobil Holding SE (Porsche SE) booked a first half profit of EUR1.9bn, up from EUR1.87bn the previous year and an increase of 2%.

"The group result for the period was significantly influenced by the result of UER1.94bn (EUR1.91bn) from the investment in Volkswagen AG which is accounted for at equity," Porsche SE said.

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"Based on the current group structure, in particular on the basis of the Volkswagen Group's expectations regarding its future development and the ongoing existing uncertainties with regard to possible special items in connection with the diesel issue, Porsche SE continues to expect a group result for the year of between EUR3.4bn and EUR4.4bn for the fiscal year 2018."

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