EQS-Adhoc: Dr. Ing. h.c. F. Porsche AG: Preliminary figures for the full year 2024; Key figures for the forecast for the 2025 financial year; proposed dividend

06.02.25 20:13 Uhr

EQS-Ad-hoc: Dr. Ing. h.c. F. Porsche AG / Key word(s): Forecast
Dr. Ing. h.c. F. Porsche AG: Preliminary figures for the full year 2024; Key figures for the forecast for the 2025 financial year; proposed dividend

06-Feb-2025 / 20:13 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.
The issuer is solely responsible for the content of this announcement.

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Publication of Inside Information pursuant to Art. 17 MAR

 

Dr. Ing. h.c. F. Porsche Aktiengesellschaft presents preliminary figures for the full year 2024 and key figures for the forecast for the 2025 financial year. For the year 2024 Porsche intends to propose a dividend to the Annual General Meeting approximately at the level of the previous year.

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Stuttgart – Today, with the approval of the Supervisory Board, the Executive Board of Dr. Ing. h.c. F. Porsche Aktiengesellschaft ("Porsche") resolved on the long-term corporate planning, including planning for the 2025 financial year. Extensive measures are planned to strengthen the company's profitability in the short and medium term. These include the expansion of the product portfolio to include additional vehicle models with combustion engines or plug-in hybrids, the expansion of the Sonder- and Exklusivmanufaktur and adjustments to the corporate organization. Expenses in particular relating to vehicle development and in connection with battery activities in Porsche’s own subsidiaries will lead to significant additional expenditures. In the 2025 financial year, the total impact of all of these measures on the operating profit and the automotive net cash flow is expected to amount to up to approx. 0,8 € billion.

 

Considering the above-mentioned expenditures and expenses as well as due to market-induced lowered expectations for sales in the 2025 financial year, Porsche forecasts for the 2025 financial year

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  • sales revenues of € 39 to € 40 billion,
  • a return on sales between 10 and 12%, and
  • an automotive net cash flow margin between 7 and 9%.

 

On the basis of preliminary, as yet unaudited figures, Porsche expects the following figures for the most important key performance indicators for the 2024 financial year: The automotive net cash flow margin is marginally over 10% (forecast: 7 to 8.5%). The return on sales is at the lower end of the forecast range. The other most important performance indicators do not show significant deviations from the forecasted ranges.

 

The automotive net cash flow margin for the 2024 financial year takes into account in particular the inventory reduction that took place in the fourth quarter and advantageous special items occurring at the end of the year. In addition, cash outflows in connection with the funding of pension plans via external plan assets in the amount of 250 € million are taken into account.

 

On the basis of the results for the 2024 financial year and the planning for the current financial year, the Executive Board intends to propose to the Annual General Meeting a dividend approximately at the level of the previous year – subject to the final approval of the Supervisory Board.

 

Porsche plans to publish the Annual and Sustainability Report for the 2024 financial year (including the final financial figures for the 2024 financial year and the full report on expected developments for the 2025 financial year) on 12 March 2025.

 

The definitions of these key figures are contained in the Annual and Sustainability Report 2023 on pages 184 et seq. The Annual and Sustainability Report 2023 is available at: https://investorrelations.porsche.com/en/financial-figures/.

 



End of Inside Information

06-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Dr. Ing. h.c. F. Porsche AG
Porscheplatz 1
70435 Stuttgart
Germany
Phone: +497119110
E-mail: info@porsche.de
Internet: https://www.porsche.com/international/
ISIN: DE000PAG9113
WKN: PAG911
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 2082911

 
End of Announcement EQS News Service

2082911  06-Feb-2025 CET/CEST

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Nachrichten zu Porsche AG (Dr. Ing. h.c. F. Porsche Aktiengesellschaft)

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Analysen zu Porsche AG (Dr. Ing. h.c. F. Porsche Aktiengesellschaft)

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04.02.2025Porsche BuyDeutsche Bank AG
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03.02.2025Porsche BuyGoldman Sachs Group Inc.
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DatumRatingAnalyst
04.02.2025Porsche BuyDeutsche Bank AG
04.02.2025Porsche BuyGoldman Sachs Group Inc.
03.02.2025Porsche BuyGoldman Sachs Group Inc.
03.02.2025Porsche OverweightJP Morgan Chase & Co.
23.01.2025Porsche BuyDeutsche Bank AG
DatumRatingAnalyst
03.02.2025Porsche Market-PerformBernstein Research
03.02.2025Porsche NeutralUBS AG
22.01.2025Porsche HoldJefferies & Company Inc.
16.01.2025Porsche Market-PerformBernstein Research
13.01.2025Porsche NeutralUBS AG
DatumRatingAnalyst
02.10.2023Porsche UnderperformBernstein Research
25.09.2023Porsche UnderperformBernstein Research
13.09.2023Porsche UnderperformBernstein Research
13.09.2023Porsche UnderperformBernstein Research
08.09.2023Porsche UnderperformBernstein Research

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