News
Porsche Foresees A Challenging Year 2025
Porsche confirmed its 2024 earnings forecast of a 14-15% profit margin in a call with investors and said it expected 2025 to remain challenging, according to a note from analysts at Bernstein Research, Reuters has learned.
The investor call was held before the company’s closed information period ahead of its annual results scheduled for March 12. Porsche was not immediately available for comment.
The carmaker expects sales volumes to decline this year due to the withdrawal of the combustion-engined Macan and the 718 from the European Union at the end of June, as well as possible further supply chain problems for the 911 model, the note said.
Porsche is working to reduce its footprint in China and will provide more details in its results release on March 12, the note said.
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