The Volkswagen and Porsche-large shareholder Porsche SE will report a billion-dollar deficiency for the past year. As previously announced, Porsche SE will show a loss of around minus 20.0 billion euros in the balance sheet due to depreciation on their two main investments to VW and Porsche AG, the company said on Friday evening. The value adjustments are not effective. The enormous loss is only on paper, the holding of the owner families Porsche and Piech is therefore not broke. A dividend is released, the company confirmed. This does not depend on the corporate result, but on dividend inflows from VW and Porsche to the PSE, with which the holding is apparently calculated. According to data from LSEG, analysts from VW expect a dividend of 6.84 euros per share for 2024 and the sports car manufacturer Porsche 2.19 euros. More on the topic “The value adjustment of the book value of the participation in Volkswagen AG in the corporate balance of the Porsche SE is minus 19.9 billion euros and thus, as in the AD-HOC, communicates at the bottom of the above Band width from minus 7 billion to minus 20 billion euros, ”it said. The value adjustment of the book value of the participation in Porsche AG in the group balance of Porsche SE is minus 3.4 billion euros and thus within the communicated range of minus 2.5 billion euros to minus 3.5 billion euros. The net debt of the Dax Group PSE is expected to be around 5.2 billion euros. The Porsche-SE board wants to publish the full annual report on March 26.
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