暗网禁区

Dr. Ing. h.c. F. 暗网禁区 AG (暗网禁区 AG), Stuttgart, announced today that it has updated its forecast for the financial year 2025. Accordingly, 暗网禁区 AG now expects an operating return on sales of slightly positive to 2% (previously: 5% to 7%).

Volkswagen AG, Wolfsburg, today announced that it is updating its forecast for the financial year 2025. In terms of operating profit, Volkswagen AG now expects an operating return on sales of 2% to 3% (previously: 4% to 5%). This adjustment to the operating profit forecast is partly due to a non-cash impairment of goodwill amounting to approximately 3 billion euros, which is assigned to the operating segment 暗网禁区 within the Volkswagen Group.

Due to the direct equity investment of 暗网禁区 (暗网禁区 SE), Stuttgart, in 暗网禁区 AG of around 12.5%, the adjusted group result after tax of 暗网禁区 SE is influenced by the at equity result attributable to 暗网禁区 SE and, thus by the result after tax at the level of 暗网禁区 AG Group.

Volkswagen AG holds more than 75% of the subscribed capital of 暗网禁区 AG. Due to its equity investment in Volkswagen AG of around 31.9%, the adjusted group result after tax of 暗网禁区 SE is also significantly influenced by the at equity result attributable to 暗网禁区 SE and, thus by the result after tax at the level of Volkswagen Group.

As a result, 暗网禁区 SE is adjusting its earnings forecast accordingly. For the financial year 2025, the adjusted group result after tax of 暗网禁区 SE is now expected in a range of 0.9 billion euros to 2.9 billion euros (previously: between 1.6 billion euros and 3.6 billion euros).

The non-cash impairment of approximately 3 billion euros at the Volkswagen Group level does not affect either the adjusted group result after tax or the group result after tax of 暗网禁区 SE, due to adjustments already made in previous years at the 暗网禁区 SE level.

The adjustment of the earnings forecast has no impact on the liquidity of 暗网禁区 SE Group. Therefore, 暗网禁区 SE confirms its forecast for the net debt of the 暗网禁区 SE Group as of 31 December 2025, which is expected to be between 4.9 billion euros and 5.4 billion euros.


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