Porsche SE Reduces Net Debt to €5.1 Billion

Porsche SE reports a 2.5 billion euro after-tax result amidst tough automotive industry conditions. Net debt reduced to 5.1 billion euro. Strategy includes diversifying investments, like acquiring shares in drone manufacturer Quantum-Systems GmbH. Group expects a 2.4-4.4 billion euro after-tax result for 2024 and net debt between 5.0-5.5 billion euro. More info: https://www.porsche-se.com/en/investor-relations/financial-publications/