We think Porsche Automobil Holding SE's diversification ambition is not fully aligned with its balance sheet position. The company lowered its dividend payment in 2025. Considering a challenging outlook in 2025, we feel that Porsche SE shares' risk/reward is balanced at current valuations.
Oliver Blume, CEO of Porsche, discusses full-year earnings and the German automotive industry from the Porsche museum in Stuttgart.
Two of Europe's leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they're passed along.
The company warned investments and costs of reshaping will hit earnings this year and expects markets to remain challenging.
Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in net profit, according to Reuters calculations, as the luxury carmaker battles high costs and intense competition in China.
Porsche is one of the biggest automotive companies in the world by market capitalization. Interestingly enough, the luxury carmaker only had its initial public offering (IPO) back in late 2022.
Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and a weak share price.
German carmaker Porsche AG wants to cut around 1,900 positions by 2029, the DPA news agency reported on Thursday.
Porsche AG's profitability is expected to decline with new expenses reducing profit margins to 10-12% in 2025, with recovery not anticipated until 2027/28. Management changes, including the departure of the CFO and Head of Sales & Marketing, signal a strategic restart amid execution issues. Porsche's multiple is no longer justified. We moved our rating to a sell.
Porsche stock price has imploded, and moved to a record low as the company goes through one of its worst crises in decades. It slumped to an all-time low of €55.56, down by over 55% from its all-time high, bringing its market cap to over €25 billion.
Porsche AG shares fell 7% in early Friday trade after the luxury carmaker forecast a preliminary profit margin of 10%-12% for 2025, far below expectations, as it struggles to boost flagging sales and weak demand in China.
Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries will impact its operating profit and automotive net cash flow for up to 800 million euros ($830.80 million) in 2025.