BRIEF — Porsche AG — Expects Operating ROS Between 10% To 15% In Medium Term

Oct 7 (Reuters) — DR ING HC F PORSCHE AG: Dr Ing Hc F Porsche Ag - Presents New Strategy 'Sportwagenschmiede '35' Through 2035 Dr Ing Hc F Porsche Ag - Plans To Lower Break-even Point To Below 200,000 Units Dr Ing Hc F Porsche Ag - Long-term Strategic Target Is 15 Per Cent Group Operating Return On Sales And 12 Per Cent Automotive Net Cash Flow Margin Dr Ing Hc F Porsche Ag - Intends To Increase Sales From Individualisation Business Sixfold Medium Term Dr Ing Hc F Porsche Ag - Increases Stake In Manthey Racing To 67% Dr Ing Hc F Porsche Ag - In Medium Term, Company Is Aiming For A Group Operating Return On Sales Of 10 To 15 Per Cent And An Automotive Net Cash Flow Margin Of 9 To 12 Per Cent Dr Ing Hc F Porsche Ag - Porsche Aims To Become Less Dependent On Volume And Is Targeting Higher Value Creation Per Vehicle Dr Ing Hc F Porsche Ag - Cash Generation Is Expected To Increase At A Disproportionate Rate Dr Ing Hc F Porsche Ag - Porsche Plans To Launch At Least One Brand-defining New Product Every Year Dr Ing Hc F Porsche Ag - Sales And Distribution Costs Are To Be Reduced By 20 Per Cent In Medium Term Through A More Efficient Organisation Dr Ing Hc F Porsche Ag - Management.