Porsche AG Employees To Receive EUR1,700 Bonus In April
April 01 2011 - 10:00AM
Dow Jones News
Porsche AG, a unit of Porsche Automobil Holding SE (PAH3.XE),
Friday said about 8,000 employees covered by its collective pay
agreement will receive a bonus of EUR1,700 at the end of April for
the short financial year 2010, which ran from Aug. 1 to Dec.
31.
MAIN FACTS:
-The bonus was agreed upon by the management board and the
company's works council.
-Porsche AG had an operating profit of EUR688 million in the
short financial year.
-The short financial year was introduced to correspond to
Volkswagen AG's (VOW.XE) financial year.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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