Porsche denies speculation that it's planning to go public [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
Getty Images Porsche 918 Spyder The German luxury carmaker Porsche has denied speculation that it's planning to pursue an initial public offering (IPO). On Friday, the company's chief financial officer suggested to reporters gathered at the firm's development center that such a listing could easily top the success of Ferrari's foray into public ownership. The Italian supercar maker has an estimated value of around $22 billion. In comments not denied by Porsche to CNBC, Lutz Meschke said a listed car company led by Porsche and including Bentley, Bugatti and Lamborghini could merit a valuation worth more than three times that of Ferrari . Bentley, Bugatti and Lamborghini form part of the Volkswagen Group , alongside Porsche. A valuation of 60 billion to 70 billion euros certainly doesn't sound like a stretch, he was reported as saying, before adding that analysts would value such a firm on the same metrics as a luxury stock. Meschke is fu
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website