News
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PRESS RELEASE
Porsche posts strong second quarter with a 17 percent return on sales – and a robust first six months of 2024
Porsche reports strong Q2 performance with 17% return on sales and robust first half of 2024, adjusting forecast for year due to supply shortage. CEO highlights innovative product launches -
BRIEF
Porsche Adjusts 2024 Financial Forecast Due to Supply Chain Issues
Porsche Financial Forecast Supply Chain Return On Sales: 14%-15% (previously 15%-17%) Sales Revenues: €39-€40 Billion (previously €40-€42 Billion) Automotive Net Cash Flow Margin: 7%-8.5% (previously 8.5%-10.5%) Automotive EBITDA Margin: 23%-24% (previously 24%-26%) Automotive BEV Share: 12%-13% (previously 13%-15%) Aluminium Shortage 2024 Adjustments -
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