Search
Porsche Holding Foresees Post-Tax Loss of Roughly €20 Billion for Fiscal Year 2024
2025-03-08 /
Read about 0 minute
Author：小编
Porsche Automobil Holding SE forecasts a substantial loss of approximately €20 billion for the fiscal year 2024, primarily attributed to impairments totaling €19.9 billion and €3.4 billion on its investments in Volkswagen and Porsche AG, respectively. Despite an anticipated net debt of €5.2 billion, the company asserts that these asset impairments will not adversely affect its cash flow. Porsche Holding and Volkswagen are confronted with a multitude of challenges, such as waning demand for electric vehicles in Europe, heightened competition in the Chinese market, and new tariff regulations in the United States.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
