[Analysts were stunned by Porsche's move, which they said was a radical departure for a traditionally conservative company.] 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. -Arndt Ellinghorst

 

[Analysts were stunned by Porsche's move, which they said was a radical departure for a traditionally conservative company.] 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.


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This quote is just one of 8 total Arndt Ellinghorst quotes in our collection. Arndt Ellinghorst is known for saying '[Analysts were stunned by Porsche's move, which they said was a radical departure for a traditionally conservative company.] 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.' as well as some of the following quotes.

After all these years of suffering, why spin it off?

Arndt Ellinghorst

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.

Arndt Ellinghorst

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.

Arndt Ellinghorst

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.

Arndt Ellinghorst

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.

Arndt Ellinghorst