- Porsche SE reports a 2.5 billion euro profit despite market challenges, reducing net debt to 5.1 billion euro.
- The company focuses on diversification and investments, including acquiring shares in Quantum-Systems GmbH.
- Porsche SE anticipates 2024 profits between 2.4 and 4.4 billion euro, with net debt between 5.0 and 5.5 billion euro.
Wed Nov 13 08:00:39 -0000 2024 UTC– Porsche SE reports a 2.5 billion euro after-tax result amidst tough automotive industry conditions. Net debt reduced to 5.1 billion euro.
The strategy includes diversifying investments, like acquiring shares in drone manufacturer Quantum-Systems GmbH.
The Group expects a 2.4-4.4 billion euro after-tax result for 2024 and net debt between 5.0-5.5 billion euro.