Billions in write-downs: Porsche SE records deep red figures
VW holding company Porsche SE closes 2024 with a double-digit billion loss. However, shareholders will probably not go away empty-handed.
An electric Porsche is charged in Bremen.
(Image: heise online / anw)
The Volkswagen holding company Porsche SE (PSE) has slipped deep into the red. This is due to non-cash write-downs in the billions. Last year, the DAX-listed company reported a loss of around 19.9 billion euros after tax on Friday, according to several media reports. For Porsche AG, which is home to the actual sports car manufacturer, there was a value adjustment of minus 3.4 billion euros.
PSE had already announced the special write-downs in December, which were to amount to up to 20 billion euros. It is now clear that the holding company has almost fully utilized this amount. According to media reports, a dividend will nevertheless be paid to shareholders. PSE is apparently counting on the cash-effective dividend inflows from VW and Porsche for this, Handelsblatt suspects. The company plans to publish its full annual report on March 26.
(nen)
