GERMANY: Porsche’s half-year profit and sales rise 8%

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Porsche sold 87,800 cars in the first half of 2014, an increase of 8% over the same period last year. Revenue grew by 16% to EUR8.2bn (US$11bn) with operating profit growing by 8% to EUR1.4bn. The company said in a statement this is equivalent to a return on sales of 17%.