A Porsche SE, which groups the stakes of Porsche AG and Volkswagen, had a profit of €3,800 million until September, which represents a 20% decrease compared to the previous year.
According to the statement released this Monday, November 13, the stake in Volkswagen contributed with €3,600 million to the profit in this period, below the €4,400 million registered in 2022.
The investment made by the sports car manufacturer Porsche, the second largest of Porsche SE, generated a contribution of €236 million to the net income in the first quarter of the fiscal year, it adds.
The net debt of Porsche SE amounted to €5,800 million until September, due to the debts acquired with the purchase of shares by the holding company of the sports car manufacturer to be listed on the stock exchange in 2022, through a Public Offering of Sale (OPV).
For the end of this year, Porsche SE maintains the forecast for net profit between €4,500 million and €6,500 million.
