EQS-Adhoc: Porsche Automobil Holding SE: Update of non-cash effective, expected impairments of the carrying amounts of the investments in Porsche AG and Volkswagen AG
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EQS-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Forecast Dr. Ing. h.c. F. Porsche AG (Porsche AG), Stuttgart, announced today preliminary figures for the financial year 2024 and key figures for the financial year 2025.
Against this background, the Management Board of Porsche Automobil Holding SE (Porsche SE) has updated its assumptions previously used in the preliminary valuation models (see ad-hoc announcement from Porsche SE dated December 13, 2024) regarding the future economic development of Porsche AG. Based on preliminary assessments, Porsche SE now assumes the expected impairment of the carrying amount of the investment in Porsche AG in the expected range from minus 2.5 billion euros to minus 3.5 billion euros (previously: minus 1 billion euros to minus 2 billion euros) in the consolidated balance sheet of Porsche SE. As a result of the changes at Porsche AG, it is also anticipated that the expected impairment of the carrying amount of Porsche SE's investment in Volkswagen AG in the consolidated balance sheet of Porsche SE, while maintaining the previous range of minus 7 billion euros to minus 20 billion euros, will rather tend towards the lower end of the range of minus 20 billion euros. A finalization of the impairment tests of Porsche SE can take place at the earliest upon the preparation of the annual and consolidated financial statements of Volkswagen AG and Porsche AG. The expected impairment loss in the consolidated financial statements of Porsche SE in relation to Porsche AG will also have an impact on the annual financial statements of Porsche SE under German commercial law, however to a lower extent. The expected impairment losses at the level of Porsche SE or the Porsche SE Group will not have a cash effect. 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 2024 financial year. Contact: Karsten Hoeldtke Head of Investor Relations +49-711-911-11023 karsten.hoeldtke@porsche-se.com End of Inside Information
06-Feb-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: | 2082855 |
| End of Announcement | EQS News Service |
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2082855 06-Feb-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 | 11.707,94 Mio € | 02.05.1984 | Kaufen | 8FWFR5M3+M2 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 11,58 | 6,75 | 1,72 | 4,91 | 0,33 | 6,26 | 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 |
| +2,92% | -2,52% | +7,92% | -18,85% | +0,00% |
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