Porsche Confirms 2024 Earnings Outlook Amid Challenges

Reported about 10 hours ago

Porsche has reaffirmed its earnings outlook for 2024, projecting a profit margin of 14-15% during an investor call, while anticipating a challenging year in 2025 due to declining sales linked to the phasing out of combustion-engine models and potential supply chain issues.

Source: YAHOO

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