Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

EQS-Adhoc: Porsche Automobil Holding SE: Forecast for group result after tax 2023

eqs_en 
0 0 20.10.23
EQS-Adhoc: Porsche Automobil Holding SE: Forecast for group result after tax 2023
 

EQS-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Forecast/Annual Results
Porsche Automobil Holding SE: Forecast for group result after tax 2023

20-Oct-2023 / 18:15 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 fiscal year 2023. Accordingly, Volkswagen AG now expects full-year operating profit in 2023 to be in the region of the prior-year figure before special items. Operating profit in 2022 was around €22.5 billion before special items.

Irrespective of this, Porsche Automobil Holding SE (Porsche SE), Stuttgart, confirms its previously communicated earnings forecast. For the fiscal year 2023, the Porsche SE group profit after tax is expected to be in the lower half of the forecasted bandwidth.

Due to its equity investment in Volkswagen AG of around 31.9 percent, the group result after tax of Porsche SE is significantly influenced by the at equity result attributable to Porsche SE and, thus by the group result after tax at the level of Volkswagen.






Contact:
Karsten Hoeldtke
Head of Investor Relations
+49-711-911-11023
[email protected]


End of Inside Information

20-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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: [email protected]
Internet: www.porsche-se.com
ISIN: DE000PAH0038, XS2615940215 , XS2643320018, XS2643320109
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: 1754251

 
End of Announcement EQS News Service

1754251  20-Oct-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1754251&application_name=news&site_id=sharewise

Porsche Automobil Holding SE Stock

€49.40
1.350%
There is an upward development for Porsche Automobil Holding SE compared to yesterday, with an increase of €0.66 (1.350%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Porsche Automobil Holding SE.
As a result the target price of 60 € shows a positive potential of 21.46% compared to the current price of 49.4 € for Porsche Automobil Holding SE.
Show more
Like: 0
Share
eqs_en 
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments

Not a member yet? Sign up for free!