EQS-Adhoc: Porsche Automobil Holding SE: Group result after tax for the fiscal year 2024 expected to reach approximately minus 20.0 billion euros due to non-cash effective impairments
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EQS-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Annual Results The Management Board of Porsche Automobil Holding SE (Porsche SE), Stuttgart, finalized the impairment tests of the at-equity carrying amounts of the investments in Volkswagen AG, Wolfsburg, and Dr. Ing. h.c. F. Porsche AG (Porsche AG), Stuttgart.
Against this background, Porsche SE expects the group result after tax for the fiscal year 2024 to reach approximately minus 20.0 billion euros, which is mainly characterized by non-cash effective impairment losses resulting from the impairment tests. The impairment of the carrying amount of Porsche SE’s investment in Volkswagen AG in the consolidated balance sheet of Porsche SE is minus 19.9 billion euros and thus, as communicated in the ad-hoc announcement of February 6, 2025, at the lower end of the mentioned range of minus 7 billion euros to minus 20 billion euros. The impairment of the carrying amount of Porsche SE’s investment in Porsche AG in the consolidated balance sheet of Porsche SE is minus 3.4 billion euros and thus within the communicated range of minus 2.5 billion euros to minus 3.5 billion euros. In the annual financial statements of Porsche SE under German commercial law, there is only an impairment of the carrying amount of Porsche SE’s investment in Porsche AG in the amount of minus 2.9 billion euros. For the fiscal year 2024, this results in an expected annual loss of approximately minus 1.5 billion euros. The impairment losses at the level of Porsche SE or the Porsche SE Group are non-cash effective. Net debt of Porsche SE Group as of December 31, 2024 is expected to amount to roughly 5.2 billion euros, thus remaining within the projected range. The Management Board of Porsche SE continues to assume that a dividend will be distributed for the fiscal year 2024. Porsche SE’s annual report for the fiscal year 2024 is expected to be published on March 26, 2025. Contact: Karsten Hoeldtke Head of Investor Relations +49-711-911-11023 karsten.hoeldtke@porsche-se.com End of Inside Information
07-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | 2097430 |
| End of Announcement | EQS News Service |
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2097430 07-March-2025 CET/CEST
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 | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | ||
| Sales1 | 116,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
| EBITDA1,2 | 4.414,00 | 2.659,00 | 4.573,00 | 4.692,00 | 5.413,00 | 0,00 | 0,00 | |
| EBITDA-Margin3 | 3.805,17 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
| EBIT1,4 | 4.393,00 | 2.658,00 | 4.572,00 | 4.691,00 | 5.412,00 | 0,00 | 0,00 | |
| EBIT-Margin5 | 3.787,07 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
| Net Profit (Loss)1 | 4.408,00 | 2.624,00 | 4.566,00 | 4.787,00 | 5.096,00 | -20.000,00 | 0,00 | |
| Net-Margin6 | 3.800,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
| Cashflow1,7 | 722,00 | 773,00 | 733,00 | 791,00 | 1.873,00 | 0,00 | 0,00 | |
| Earnings per share8 | 14,39 | 8,57 | 14,90 | 15,32 | 16,64 | -65,30 | 2,50 | |
| Dividend per share8 | 3,11 | 2,21 | 2,56 | 2,56 | 2,56 | 0,00 | 0,56 | |
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 | ||||||
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| Porsche Auto. Hold. VZ | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| PAH003 | DE000PAH0038 | SE | 11.674,25 Mio € | 02.05.1984 | Kaufen | 8FWFR5M3+M2 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 11,55 | 6,74 | 1,71 | 4,90 | 0,33 | 6,24 | 0,00 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 2,56 | 2,56 | 0,00 | 0,00% |
| 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 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +2,82% | -3,11% | +4,87% | -19,81% | +0,00% |
