EQS-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Forecast/Annual results October 20, 2023 / 6:15 p.m. CET/CEST Volkswagen AG, Wolfsburg, announced today that it is updating its forecast for the 2023 financial year. Accordingly, Volkswagen AG now expects an operating result for the full year 2023 of the same magnitude as the previous year before special items. The operating result for 2022 was around 22.5 billion euros before special items. Regardless of this, Porsche Automobil Holding SE (Porsche SE), Stuttgart, confirms the earnings forecast it has communicated to date. For the 2023 financial year, Porsche SE’s consolidated earnings after taxes are expected to be in the lower half of the forecast corridor. Due to Porsche SE’s equity stake in Volkswagen AG amounting to around 31.9 percent, Porsche SE’s consolidated earnings after taxes are largely dependent on the at-equity earnings attributable to Porsche SE and thus on the earnings after taxes at the level of the Volkswagen Group influenced. Contact: End of insider information October 20, 2023 CET/CEST The EQS distribution services include legal reporting requirements, corporate news/financial news and press releases. |
| Language: | German |
| Company: | Porsche Automobil Holding SE |
| Porsche place 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 |
| Exchanges: | Regulated market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Open market in Düsseldorf, Hamburg, Hanover, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 1754251 |
| End of message | EQS News Service |
1754251 10/20/2023 CET/CEST
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