A Financial Setback for Porsche SE
Porsche SE, the parent company of the Porsche and Piech families, faced a significant financial setback in the first quarter of 2025. The group reported a loss of 1.08 billion euros, primarily due to extensive writedowns on its stakes in Volkswagen and Porsche. In the same period last year, Porsche SE recorded a profit of 1.06 billion euros.
Financial Details
- Group Loss: 1.08 billion euros in the first quarter of 2025
- Profit from Previous Year: 1.06 billion euros
- Adjusted Earnings: 0.5 billion euros after taxes
- Net Debt: 5.3 billion euros as of March 31, 2025
Forecast for 2025
For the entire year of 2025, Porsche SE expects an adjusted group result after taxes between 2.4 billion and 4.4 billion euros. Net debt is projected to be between 4.9 billion and 5.4 billion euros.
Stock Performance and Investor Reactions
Despite the billion-euro loss, Porsche shares increased by 0.87 percent to 38.42 euros in XETRA trading. Analysts have set an average price target of 39.20 euros, indicating a mildly positive sentiment.
The billion-euro loss may unsettle investors, even though the forecast for 2025 is positive. Investors should particularly monitor the development of net debt and the future impact of the writedowns.
Analyst Opinions
Analysts’ opinions are mixed. While some recommend a “HOLD” rating, others suggest selling the stock. This varied assessment reflects the uncertainty that the current loss brings.