Streetbeat News

POAHY

Porsche Automobil Holding SE

https://www.porsche-se.com/

Industry

Automobile Manufacturing

Open

4.11

Mkt cap

6.2B

Volume

15K

High

4.11

P/E Ratio

3.02

52-wk high

5.58

Low

4.06

Div yield

0.07

52-wk low

3.47

Oliver Blume, CEO of Porsche, discussed the company's full-year earnings and the state of the German automotive industry in an interview from the Porsche museum in Stuttgart.

Portfolio Pulse from

March 12, 2025 | 5:15 pm

Porsche is considering increasing prices on its sports cars if tariffs are implemented. This highlights the impact of tariffs on pricing strategies of European companies.

Portfolio Pulse from

March 12, 2025 | 2:45 pm

Porsche AG achieved strong financial results in 2024, with record sales in most regions and high automotive net cashflow. The company successfully renewed and introduced five model lines, maintaining a diverse drivetrain offering.

Portfolio Pulse from

March 12, 2025 | 11:15 am

Porsche is planning to cut 3,900 jobs as part of an efficiency drive. The company has warned that investments and costs related to this restructuring will impact earnings this year, and it anticipates challenging market conditions.

Portfolio Pulse from

March 12, 2025 | 8:30 am

Porsche's net profit is expected to drop by 30.4% in 2024, but the company plans to maintain its dividend at the previous year's level. The luxury carmaker is facing high costs and intense competition in China.

Portfolio Pulse from

March 12, 2025 | 6:45 am

Porsche has appointed new CFO and head of sales, both company veterans, as part of a board reshuffle aimed at improving its performance and share price.

Portfolio Pulse from

February 26, 2025 | 9:30 am

Porsche AG plans to reduce its workforce by approximately 1,900 jobs by 2029, as reported by DPA. This move is part of the company's strategic adjustments.

Portfolio Pulse from

February 13, 2025 | 2:00 pm

Porsche and RM Sotheby's are auctioning a rare 911 S/T to support the American Red Cross. The auction includes a limited-edition Porsche Design timepiece and a signed owner's manual pouch.

Portfolio Pulse from

February 12, 2025 | 9:00 pm

Porsche AG's profitability is expected to decline due to new expenses, with profit margins dropping to 10-12% by 2025 and recovery not expected until 2027/28. Management changes indicate strategic challenges, leading to a rating downgrade to sell.

Portfolio Pulse from

February 11, 2025 | 10:30 am

Porsche AG shares dropped by 7% after the company announced a lower-than-expected profit margin forecast of 10%-12% for 2025, citing challenges in increasing sales and weak demand in China.

Portfolio Pulse from

February 07, 2025 | 9:00 am

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