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Porsche reports downbeat YTD results, forward guidance as it recalibrates its EV, China strategy
Yahoo Finance· 2025-10-25 00:47
Porsche (P911.DE) reported downbeat results for the first nine months of the year, after recognizing charges it took last quarter as it realigned its product strategy in changing environments both in the US and China. Porsche reported sales revenue for the first three quarters of the year of 26.86 billion euros ($31.22 billion), down 6% compared to a year ago. Operating profit came in at just 40 million euros ($46.50), down 99% compared to a eyar ago, with Porsche's operating return on sales (ROS), a meas ...