Porsche AG Faces Financial Hurdles

On Tuesday, Porsche AG witnessed a significant drop in its stock value, plummeting over 7%, following the announcement of its disappointing first-quarter results and a revised, less optimistic forecast for 2025.

Sharp Decline in Profits

The luxury carmaker reported a 44% plunge in profit after tax, amounting to €518 million, with earnings per share also seeing a dramatic fall of 44.5% to €0.56.

Revised Financial Outlook

Adding to the concerns, Porsche has adjusted its revenue expectations for 2025 downwards from the €39-€40 billion range to €37-€38 billion. The company also lowered its return on sales guidance from 10%-12% to a more conservative 6.5%-8.5%.

By 9:18 am CET, Porsche's stock had fallen 7.6% to €43.35, marking a challenging day for the automaker.