on Porsche AG (isin : DE000PAG9113)
Porsche AG Annual Meeting 2025: Strategic Rescaling Amidst Global Challenges
Porsche AG has unveiled its strategic plan to navigate ongoing challenges at its 2025 Annual General Meeting. The company is accelerating its rescaling efforts while maintaining stable dividends for shareholders. CEO Dr. Oliver Blume emphasized the importance of investing in the future to ensure long-term profitability, despite immediate financial impacts. As the world transitions towards electric mobility, the company plans to expand its product portfolio to include models with combustion engines and hybrid systems.
In 2024, Porsche achieved solid financial results, with group sales reaching 40.1 billion euros. However, operating profits dropped to 5.6 billion euros. Despite a challenging market in China, Porsche delivered over 310,000 vehicles globally, with the Cayenne being the top-selling model.
For 2025, Porsche anticipates sales between 37 and 38 billion euros, with a focus on electric mobility. The company has also announced significant management changes to drive future growth.
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