In view of declining car sales and special loads, the sports car manufacturer Porsche implemented and deserved less in the first half of the year than in the same period.
The demand in the premium and luxury segment in China decreased extremely, said Ceo Oliver Blume. Porsche, including the effects from US import tariffs, adapted the outlook for the overall year.
According to the announcement, sales fell by 6.7 percent to 18.16 billion euros in the six months. The operational result slipped significantly more to 1.01 billion euros at 67 percent. Porsche AG thus achieved an operational margin of only 5.5 percent after 15.7 percent in the previous year. Analysts had a little less in turnover in sales, and the return of 5.6 percent more marginally. As already known, sales in the six months had dropped by a good 6 percent.
For the year as a whole, the company continues to expect sales between around 37 billion to 38 billion euros. The sales return should now be between 5 and 7 percent. So far, 6.5 to 8.5 percent have been promised, but without effects from the US import duties. For 2026, CEO Blume again expects a positive momentum. The aim is to strengthen profitability with extensive resalation and a more flexible offer.
The Porsche share temporarily gains 2.91 percent in Xetra trading to 44.56 euros.
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