°µÍø½ûÇø / Key word(s): Forecast/Annual Results °µÍø½ûÇø: Adjustment of the forecast for the 2021 group result after tax For the fiscal year 2021 °µÍø½ûÇø (°µÍø½ûÇø SE), Stuttgart, now expects a group result after tax of between 3.4 billion euro and 4.9 billion euro. The adjustment of the forecast is based on the updated outlook of Volkswagen AG, Wolfsburg, for the fiscal year 2021. As a consequence of the capital stake of about 31.4 percent which °µÍø½ûÇø SE holds in Volkswagen AG, the result of the °µÍø½ûÇø SE group is significantly influenced by the at equity result attributable to °µÍø½ûÇø SE and, thus by the earnings situation of the Volkswagen group. Uncertainties exist with regard to the Covid-19-pandemic, operational risks, e.g. the shortage in semiconductors, as well as potential additional special items in connection with the diesel issue all leading to ongoing severe constraints in the reliability of the forecast. Contact: Frank Gaube General Manager Investor Relations +49-711-911-11046 frank.gaube@porsche-se.com 29-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | °µÍø½ûÇø |
°µÍø½ûÇøplatz 1 | |
70435 Stuttgart | |
Germany | |
Phone: | +49 (0)711 911-11046 |
Fax: | +49 (0)711 911-11819 |
E-mail: | InvestorRelations@porsche-se.com |
Internet: | www.porsche-se.com |
ISIN: | DE000PAH0038 |
WKN: | PAH003 |
Listed: | Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Tradegate Exchange |
EQS News ID: | 1222506 |
End of Announcement | DGAP News Service |