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![]() News of November 07, 2001
Porsche receives distinguished award for financial market communication "Best Communication of Shareholder Value" Stuttgart/Paris - Dr. Ing. h.c. F. Porsche AG, Stuttgart, has been honoured for the quality of its communication to the financial markets. The most renowned specialist journal in this field, the London publication "Investor Relations Magazine", in association with "The Wall Street Journal Europe" has awarded Porsche AG with the top distinction for "Best Communication of Shareholder Value by a Non-Euro 100 Company". On 29th October 2001, Manfred Ayasse, Head of Investor Relations, accepted the award on behalf of the Zuffenhausen-based sports car manufacturer at a gala event in Paris which was attended by over 400 experts in the financial markets. The award was presented on the basis of a survey of more than 630 institutional investors and analysts in Europe. These praised both the clarity and transparency, as well as the credibility of Porsche's reporting. Their vote is all the more remarkable, as Porsche has openly declined to provide a quarterly report, on the principle that this quarterly requirement contributes substantially to high volatility of shares on the stock market. (October 31, 2001) [Homepage] [
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