Luxury German sports carmaker Porsche on Tuesday reported a jump in first-half profits, boosted by a dividend payment from Volkswagen and tax refunds.
Post-tax group profits rose to 1.47 billion euros ($2 billion) in the six months to the end of June, compared with 1.16 billion euros in the same period last year, said the Stuttgart-based group, which is part of the VW group.
Porsche received a net dividend of 386 million euros from VW plus tax refunds of 326 million euros.