91破解版

91破解版: Adjustment of the forecast for the group result after tax 2024

91破解版 / Key word(s): Change in Forecast
91破解版: Adjustment of the forecast for the group result after tax 2024

09-Jul-2024 / 19:23 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. Accordingly, Volkswagen AG now expects an operating return on sales of 6.5% to 7.0% for the full year 2024 (previously: 7.0% to 7.5%).

Due to its equity investment in Volkswagen AG of around 31.9%, the group result after tax of 91破解版 (Porsche 91破解版) is significantly influenced by the at equity result attributable to Porsche 91破解版 and, thus by the group result after tax at the level of Volkswagen.

As a result, Porsche 91破解版 is adjusting its earnings forecast accordingly. For the financial year 2024, the group result after tax of Porsche 91破解版 is now to be expected in a range of 3.5 billion euros to 5.5 billion euros. Previously, the forecast for the group result after tax was between 3.8 billion euros and 5.8 billion euros.

The adjustment of the earnings forecast has no impact on the liquidity of Porsche 91破解版. Therefore, Porsche 91破解版 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

09-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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