Porsche expects margin improvement after rough 2025
11/03/2026 06:01
BERLIN, March 11 (Reuters) - German carmaker Porsche P911_p.DE, a subsidiary of Volkswagen VOWG_p.DE, expects its operating margin to rise this year, as it dusts itself off from a turbulent 2025 rocked by profit warnings, tariff costs and the departure of its long-standing CEO. Porsche said on Wednesday it expects a group operating return on sales in the range of 5.5% to 7.5% in 2026, after collapsing to 1.1% in 2025. "We are using the current challenges as an opportunity to act even more decisively," said Michael Leiters, who took over at the helm from Volkswagen chief Oliver Blume on January 1. (Reporting by Rachel More Editing by Ludwig Burger) ((rachel.more@thomsonreuters.com;))