Sept 19 (Reuters) - PORSCHE AUTOMOBIL HOLDING SE PSHG_p.DE:
ADJUSTMENT OF THE FORECAST FOR THE ADJUSTED GROUP RESULT AFTER TAX 2025
DUE TO DIRECT EQUITY INVESTMENT OF PORSCHE AUTOMOBIL HOLDING SE (PORSCHE SE), STUTTGART, IN PORSCHE AG OF AROUND 12.5%, ADJUSTED GROUP RESULT AFTER TAX OF PORSCHE SE IS INFLUENCED BY AT EQUITY RESULT ATTRIBUTABLE TO PORSCHE SE AND, THUS BY RESULT AFTER TAX AT LEVEL OF PORSCHE AG GROUP
FOR FINANCIAL YEAR 2025, ADJUSTED GROUP RESULT AFTER TAX OF PORSCHE SE IS NOW EXPECTED IN A RANGE OF 0.9 BILLION EUROS TO 2.9 BILLION EUROS (PREVIOUSLY: BETWEEN 1.6 BILLION EUROS AND 3.6 BILLION EUROS)
NON-CASH IMPAIRMENT OF APPROXIMATELY 3 BILLION EUROS AT VOLKSWAGEN GROUP LEVEL DOES NOT AFFECT EITHER ADJUSTED GROUP RESULT AFTER TAX OR GROUP RESULT AFTER TAX OF PORSCHE SE, DUE TO ADJUSTMENTS ALREADY MADE IN PREVIOUS YEARS AT PORSCHE SE LEVEL
ADJUSTMENT OF EARNINGS FORECAST HAS NO IMPACT ON LIQUIDITY OF PORSCHE SE GROUP
PORSCHE SE CONFIRMS ITS FORECAST FOR NET DEBT OF PORSCHE SE GROUP AS OF 31 DECEMBER 2025, WHICH IS EXPECTED TO BE BETWEEN 4.9 BILLION EUROS AND 5.4 BILLION EUROS
Source text: ID:nEQbFzC3Ya
Further company coverage: [PSHG_p.DE]
(Gdansk Newsroom)
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