Porsche shares fall after delay in launch of EVs, outlook cut

Porsche Automobil Holding SE

22/09/2025 07:23

** Shares in Porsche AG P911_p.DE fall 5.5% in early Frankfurt trade after the German luxury sports carmaker announced a delay in the launch of some all-electric models

** As a result Porsche AG cut 2025 profit margin outlook to a maximum of 2% from 5-7% previously

** Porsche AG's parent Volkswagen VOWG.DE also cut its profit margin outlook to 2-3% from 4-5%

** A local trader says the decision was inevitable and therefore its is a positive sign

** "The correction of the former mistake to be too dependent on EVs will take time," the trader says

** "The re-basing of P911 guidance may be the last but leaves the turnaround a drawn-out affair with product cycle and brand challenges," Jefferies says

** The broker cuts its PT on Porsche AG by 15% to 40 euros

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))