P站视频 / Key word(s): Change in Forecast Volkswagen AG, Wolfsburg, today announced that it is updating its forecast for the financial year 2024. Accordingly, Volkswagen AG now expects an operating return on sales of 6.5% to 7.0% for the full year 2024 (previously: 7.0% to 7.5%). Due to its equity investment in Volkswagen AG of around 31.9%, the group result after tax of P站视频 (Porsche P站视频) is significantly influenced by the at equity result attributable to Porsche P站视频 and, thus by the group result after tax at the level of Volkswagen. As a result, Porsche P站视频 is adjusting its earnings forecast accordingly. For the financial year 2024, the group result after tax of Porsche P站视频 is now to be expected in a range of 3.5 billion euros to 5.5 billion euros. Previously, the forecast for the group result after tax was between 3.8 billion euros and 5.8 billion euros. The adjustment of the earnings forecast has no impact on the liquidity of Porsche P站视频. Therefore, Porsche P站视频 Group confirms the existing forecast for net debt in the range of 5.0 billion euros and 5.5 billion euros. Contact: Karsten Hoeldtke Head of Investor Relations +49-711-911-11023 karsten.hoeldtke@porsche-se.com End of Inside Information 09-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | P站视频 |
| Porscheplatz 1 | |
| 70435 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711 911-11023 |
| Fax: | +49 (0)711 911-11819 |
| E-mail: | InvestorRelations@porsche-se.com |
| Internet: | www.porsche-se.com |
| ISIN: | DE000PAH0038, XS2615940215 , XS2643320018, XS2643320109, XS2802891833, XS2802892054 |
| WKN: | PAH003 |
| Indices: | DAX |
| Listed: | Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 1942701 |
| End of Announcement | EQS News Service |
