Porsche Automobil Holding SE
ISIN: DE000PAH0038
WKN: PAH003
27 September 2024 06:34PM

EQS-Adhoc: Porsche Automobil Holding SE: Adjustment of the forecast for the group result after tax 2024

Porsche Automobil Holding SE · ISIN: DE000PAH0038 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1997723

EQS-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Forecast
Porsche Automobil Holding SE: Adjustment of the forecast for the group result after tax 2024

27-Sep-2024 / 18:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Volkswagen AG, Wolfsburg, today announced that it is updating its forecast for the financial year 2024. Volkswagen AG now expects group sales revenue to be around 320 billion euros (2023: 322.3 billion euros; previous forecast: increase of up to 5 percent). In terms of operating profit, Volkswagen AG now expects to achieve a figure of around €18 billion (previously: operating return on sales of 6.5 to 7.0 percent).

Due to its equity investment in Volkswagen AG of around 31.9%, the group result after tax of Porsche Automobil Holding SE (Porsche SE) is significantly influenced by the at equity result attributable to Porsche SE and, thus by the group result after tax at the level of Volkswagen.

As a result, Porsche SE is adjusting its earnings forecast accordingly. For the financial year 2024, the group result after tax of Porsche SE is now to be expected in a range of 2.4 billion euros to 4.4 billion euros. Previously, the forecast for the group result after tax was between 3.5 billion euros and 5.5 billion euros.

The adjustment of the earnings forecast has no impact on the liquidity of Porsche SE. Therefore, Porsche SE Group confirms the existing forecast for net debt in the range of 5.0 billion euros and 5.5 billion euros.


Contact:
Karsten Hoeldtke
Head of Investor Relations
+49-711-911-11023
karsten.hoeldtke@porsche-se.com


End of Inside Information

27-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Porsche Automobil Holding SE
Porscheplatz 1
70435 Stuttgart
Germany
Phone: +49 (0)711 911-11023
Fax: +49 (0)711 911-11819
E-mail: InvestorRelations@porsche-se.com
Internet: www.porsche-se.com
ISIN: DE000PAH0038, XS2615940215 , XS2643320018, XS2643320109, XS2802891833, XS2802892054
WKN: PAH003
Indices: DAX
Listed: Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1997723

 
End of Announcement EQS News Service

1997723  27-Sep-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1997723&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 103,00 116,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 3.583,00 4.414,00 2.659,00 4.573,00 4.692,00 5.413,00 0,00
EBITDA-Margin3 3.478,64 3.805,17 0,00 0,00 0,00 0,00 0,00
EBIT1,4 3.500,00 4.393,00 2.658,00 4.572,00 4.691,00 5.412,00 0,00
EBIT-Margin5 3.398,06 3.787,07 0,00 0,00 0,00 0,00 0,00
Net Profit (Loss)1 3.473,00 4.408,00 2.624,00 4.566,00 4.787,00 5.096,00 -6.500,00
Net-Margin6 3.371,85 3.800,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 558,00 722,00 773,00 733,00 791,00 1.873,00 0,00
Earnings per share8 11,34 14,39 8,57 14,90 15,32 16,64 -21,20
Dividend per share8 2,21 3,11 2,21 2,56 2,56 2,56 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Grant Thornton

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Porsche Auto. Hold. VZ
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
PAH003 DE000PAH0038 SE 10.951,50 Mio € 02.05.1984 Kaufen 8FWFR5M3+M2
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
14,30 5,68 2,52 4,60 0,20 5,85 0,00
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
2,56 2,56 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
23.05.2025 14.05.2025 13.08.2025 13.11.2024 26.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,39%
35,76 €
ATH 159,72 €
-3,92% -15,97% -22,80% -23,52% +0,00%

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