German Manager Magazin: Porsche SE after value adjustments with loss of billions 004016

The Volkswagen-Penigerholding Porsche SE has slipped into the red figures on their investments to VW and sports car manufacturer Porsche AG due to billions of depreciation. Last year, a shortfall of around 20 billion euros was incurred after taxes, the DAX group said in Stuttgart on Friday evening. Nevertheless, a dividend for the completed financial… Continue reading German Manager Magazin: Porsche SE after value adjustments with loss of billions 004016