DOW JONES–Weighed down by the difficult environment in the automotive industry, Porsche Automobil Holding earned significantly less in the first nine months. In view of the sometimes drastic declines in profits at Volkswagen and Porsche AG, the listed holding company of the Porsche and Piech families also had to report significantly lower earnings. Porsche SE is sticking to its profit forecast for 2025, which was lowered in September.
Accordingly, the holding company continues to expect an adjusted profit after taxes of between 0.9 billion and 2.9 billion euros this year. Net debt is expected to be between 4.9 billion and 5.4 billion euros.
According to further information, in the first nine months the adjusted profit after taxes fell to 1.6 billion euros from 2.5 billion euros in the previous year. The results of Porsche SE are significantly influenced by its investments in VW and Porsche AG. Both car manufacturers earned significantly less in the new month period. Porsche SE was able to reduce net debt to 5.02 billion euros from 5.16 billion euros at the end of December.
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(END) Dow Jones Newswires
November 11, 2025 02:21 ET (07:21 GMT)
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