Porsche Confirms Earnings Outlook, Anticipates Challenging 2025
In a call with investors, Porsche has reaffirmed its earnings forecast for 2024, projecting a profit margin of 14-15%, according to Bernstein Research analysts.
However, the automaker anticipates ongoing challenges in 2025. Porsche expects sales volume to decrease this year due to the discontinuation of the combustion-engine Macan and 718 models in the EU from June 30th. Additionally, the 911 model may encounter further supply chain disruptions.
Porsche is also working to reduce its footprint in China, with further details to be provided during its results call on March 12th.