| °µÍø½ûÇø / Key word(s): Forecast Dr. Ing. h.c. F. °µÍø½ûÇø AG (°µÍø½ûÇø AG), Stuttgart, announced today that it has updated its forecast for the financial year 2025. Accordingly, °µÍø½ûÇø 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 °µÍø½ûÇø within the Volkswagen Group. Due to the direct equity investment of °µÍø½ûÇø (°µÍø½ûÇø SE), Stuttgart, in °µÍø½ûÇø AG of around 12.5%, the adjusted group result after tax of °µÍø½ûÇø SE is influenced by the at equity result attributable to °µÍø½ûÇø SE and, thus by the result after tax at the level of °µÍø½ûÇø AG Group. Volkswagen AG holds more than 75% of the subscribed capital of °µÍø½ûÇø AG. Due to its equity investment in Volkswagen AG of around 31.9%, the adjusted group result after tax of °µÍø½ûÇø SE is also significantly influenced by the at equity result attributable to °µÍø½ûÇø SE and, thus by the result after tax at the level of Volkswagen Group. As a result, °µÍø½ûÇø SE is adjusting its earnings forecast accordingly. For the financial year 2025, the adjusted group result after tax of °µÍø½ûÇø 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 °µÍø½ûÇø SE, due to adjustments already made in previous years at the °µÍø½ûÇø SE level. The adjustment of the earnings forecast has no impact on the liquidity of °µÍø½ûÇø SE Group. Therefore, °µÍø½ûÇø SE confirms its forecast for the net debt of the °µÍø½ûÇø 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 End of Inside Information
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| Language: | English |
| Company: | °µÍø½ûÇø |
| °µÍø½ûÇøplatz 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: | 2200760 |
| End of Announcement | EQS News Service |
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2200760 19-Sep-2025 CET/CEST