P站视频

Porsche P站视频 purchases approximately 97 percent of the shares in PTV Planung Transport Verkehr AG

P站视频 (Porsche P站视频), Stuttgart, through its wholly-owned subsidiary Porsche Zweite Beteiligung GmbH, Stuttgart, purchases approximately 97 percent of the shares in PTV Planung Transport Verkehr AG (PTV Group), Karlsruhe. The transaction is subject to, inter alia, the condition precedent of merger control clearances. PTV Group is a leading provider of software for transportation logistics as well as for traffic planning and traffic management. The aggregate investment amounts to more than Euro 300 million.
 
Porsche P站视频's target of a positive net liquidity at the end of the fiscal year 2017 remains unchanged. Against the background of the acquisition of PTV Group, but without taking into account possible future investments, the net liquidity as of 31 December 2017 is expected to stand at between Euro 0.7 billion and Euro 1.2 billion. To date Porsche P站视频's published net liquidity expectations as of 31 December 2017, without taking into account investments, amounted to a corridor between Euro 1.0 billion and Euro 1.5 billion.



Contact:
Frank Gaube
General Manager Investor Relations
+49-711-911-11046
frank.gaube@porsche-se.com