Porsche Automobil Holding SE has completed the value-facility tests of the AT-Equity book values of the participations.
Porsche Automobil Holding SE has completed the value-to-value tests of the AT-equity book values of the investments to Volkswagen and Porsche AG and now sees a group result for taxes of around minus 20.0 billion euros for the 2024 financial year. As the Porsche SE announced, the value correction of the book value of the participation in Volkswagen AG in the group balance of Porsche SE is minus 19.9 billion euros. According to Porsche SE, as in the AD-HOC message of February 6, 2025, this is communicated at the lower end of the aforementioned range of minus 7 billion to minus 20 billion euros.
The value adjustment of the book value of the participation in Porsche AG in the group balance of Porsche SE is minus 3.4 billion euros and thus within the communicated range of minus 2.5 billion euros to minus 3.5 billion euros. In the commercial law annual financial statements of Porsche SE, only a value correction in relation to the participation in Porsche AG in the amount of minus 2.9 billion euros is carried out. For the financial year 2024, there is expected an annual misalignment of minus 1.5 billion euros. The unscheduled result effects at the level of the Porsche SE or the Porsche SE group are not effective. The net debt of the Porsche SE Group is expected to be around 5.2 billion euros on December 31, 2024 and is therefore in the forecast corridor.
The board of Porsche SE continues to assume a dividend for the 2024 financial year. The Porsche SE annual report for the 2024 financial year is expected to be published on March 26, 2025.
The Porsche share in Xetra trading in the meantime gains 4.32 percent to 57.50 euros.
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