Dr. Ing. h.c. F. Porsche AG Bearer Shares
P911: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yX& | LOCK|@V<% | LOCK|J@XzQG |
Porsche Earnings: Adjusting the Business Model to a New Reality, We Think it's Not Enough
Half-year revenue, operating profit, and automotive net cash flow are down 7%, 67%, and 65%, respectively. Operating profit excluding tariffs, restructuring, and one-off impairments declined 31%. Full-year return on sales guidance was reduced again to between 5%-7%, down from 6.5%-8.5%.
