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Porsche (P911 GY) Q1 deliveries 61k, (-15% Y/Y); -21% in China, -11% in North America

Porsche's Q1 deliveries have dropped 15% year-over-year, with a significant decline of 21% in China and 11% in North America.

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Israel is working to continue the war on Lebanon within two days and 5 more days before responding to American pressures, Al Jazzera reports citing Ma'ariv sources

European Movers: Alstom (ALO FP) +2.3%, Holcim (HOLN SW) +2.0%, Unite (UTG LN) +1.9%, STMicroelectronics (STMPA FP) +1.8%, ASML (ASML NA) +0.6%, Sodexo (SW FP) -17.1%

Porsche (P911 GY) Q1 deliveries 61k, (-15% Y/Y); -21% in China, -11% in North America

Turkish Industrial Production MoM (Feb) M/M 2.6% (Prev. -2.8%)

Swiss Consumer Confidence (Mar) -43 vs. Exp. -32 (Prev. -30)

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This underperformance may raise concerns about demand sustainability in key markets and could potentially impact their revenue outlook and stock performance, especially as consumer preferences shift post-pandemic.

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