Porsche mid-term margin seen at lower end of target range, CEO says

Volkswagen AG

07/10/2026 08:30

BERLIN, Oct 7 (Reuters) - Porsche's P911_p.DE operating margin is currently seen at the lower end of its targeted range for the medium term, CEO Michael Leiters told investors during a closely watched strategy update on Wednesday.
"We target profitability of between 10 and 15%. Today, we see ourselves in the lower part of that range," Leiters said at a capital markets day, adding that improvement would require either stronger restructuring measures "or a more favourable external environment."
A company spokesperson said Porsche defined the medium term as within roughly five years.


 (Reporting by Rachel More
Editing by Linda Pasquini)
 ((rachel.more@thomsonreuters.com;))