Porsche AG Faces Investor Backlash After Earnings Report

In a startling revelation, Porsche AG saw its shares plummet by over 7% following the announcement of a 44% drop in profit after tax, totaling just €518 million. The luxury carmaker also reported a 44.5% decrease in earnings per share, now standing at €0.56.

Revised Forecasts Signal Tough Road Ahead

Adding to the woes, Porsche has significantly lowered its revenue and return on sales guidance for 2025. The company now expects revenues between €37-€38 billion, down from the previously anticipated €39-€40 billion range. Similarly, the return on sales forecast has been adjusted to 6.5%-8.5%, a stark decline from the initial 10%-12%.

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