Porsche SE Adjusts 2025 Earnings Forecast

Porsche Automobil Holding SE has revised its forecast for the adjusted group result after tax for the financial year 2025. The new projection estimates a range between 0.9 billion euros and 2.9 billion euros, compared to the previous forecast of 1.6 billion euros to 3.6 billion euros. This adjustment is influenced by changes in operating returns announced by Porsche AG and Volkswagen AG, which respectively foresee lower returns than earlier anticipated.

Volkswagen AG, a key stakeholder in Porsche AG, has announced a reduced operating return on sales of 2% to 3%, partly due to a significant non-cash impairment amounting to approximately 3 billion euros. However, this impairment doesn't impact Porsche SE's adjusted group result due to prior adjustments.

Porsche SE maintains its net debt forecast between 4.9 billion euros and 5.4 billion euros by the end of 2025, confirming stability in its liquidity position.