Positive Margin Outlook for Porsche Despite Challenges

  • Decline in sales volume is expected due to model withdrawal and supply chain issues.
  • Porsche confirms profit margin of 14-15% for 2024 despite challenges.

Eulerpool News·

Porsche confirmed its profit margin of 14-15% for the year 2024 in a conversation with investors. During the investors' conference, which took place just before the closed period for company information, the company announced that the year 2025 is expected to remain challenging. This information comes from a notice by analysts at Bernstein Research. The announcement was made before the annual results are published on March 12. Therefore, no further comments from Porsche were available. The renowned automaker forecasts a decline in sales volume for this year. The reason for this is the withdrawal of the combustion engine models Macan and 718 from the European Union starting at the end of June, as well as potential additional supply chain issues with the 911 model. Additionally, Porsche is working to reduce its presence in China. Exact details on this are to be announced at the results conference on March 12.
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