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Porsche Automobil (PAH3) investor relations material
Porsche Automobil Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Adjusted group result after tax reached €2.9 billion for 2025, down from €3.2 billion year-over-year.
Group result after tax was €2.7 billion, a significant recovery from a loss of €20.0 billion in the prior year.
Six portfolio investments achieved unicorn status, reflecting successful diversification.
Portfolio investments contributed €193 million to results, notably Quantum Systems (€114 million) and Celestial AI (€47 million).
Financial highlights
Adjusted group result after tax: €2,894 million (2025) vs. €3,151 million (2024).
Group result after tax: €2,651 million (2025) vs. -€20,017 million (2024).
Group net debt reduced to €5,099 million as of Dec 31, 2025, from €5,160 million a year earlier.
Proposed dividend: €1.51 per preference share, down from €1.91 prior year.
Outlook and guidance
Adjusted group result after tax for 2026 expected between €1.5 billion and €3.5 billion.
Net debt forecasted between €4.7 billion and €5.2 billion for 2026.
- Adjusted group result after tax fell to € 3.2 billion in 2024, with a € 584 million dividend proposed.PAH3
Q4 202417 Feb 2026 - Earnings fell, impairments were recognized, and 2025 guidance was lowered amid market headwinds.PAH3
Q3 202511 Nov 2025 - Earnings fell on impairments and lower core investment results; 2025 outlook revised down.PAH3
Q2 202513 Aug 2025 - Strong financials, portfolio diversification, and ESG focus underpin sustainable value creation.PAH3
EU Autos & Future Car Virtual Conference 2024 Presentation9 Jul 2025 - Diversified investments and strong financials support long-term value creation and growth.PAH3
German Corporate Conference 2024 Presentation9 Jul 2025 - Strong financials, stable dividends, and a diversified tech-focused portfolio drive long-term value.PAH3
New York Roadshow 2024 Presentation9 Jul 2025 - Diversified investments, reduced net debt, and stable dividends drive long-term value.PAH3
Paris Roadshow 2025 Presentation9 Jul 2025 - Disciplined financial management and portfolio diversification drive sustainable value creation.PAH3
London Roadshow 2025 Presentation9 Jul 2025 - Diversified mobility and tech investments drive value, with strong dividends and ESG integration.PAH3
Equity Story Presentation9 Jul 2025
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Next Porsche Automobil earnings date
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