Porsche (Vz)

A 100‑euro investment in Porsche vz one year ago would have grown to €107.29, representing an increase of 7.29%. The stock’s most recent closing price is €45.63 and the market capitalization is around €40.74 billion. Stock splits and dividends are not taken into account in this calculation. » Mere på finanzen.net

According to a report, Porsche is to cut a further roughly 4,100 jobs because the brand group "Sport Luxury" is missing about €700 million, mainly in overhead costs. Together with already approved cuts, around 8,900 employees could be affected by the end of 2035; job protections will be extended until 2035. Volkswagen regards this as an additional cost-saving package following a profit warning, but can only make recommendations for the independently run brand Porsche. » Mere på welt.de

Porsche has completed the sale of its stakes in Bugatti Rimac and in the Rimac Group, realizing proceeds of around €1 billion. €250 million will be used to fully fund pension obligations, with the remainder supporting a focus on the core business. Due to the inflow of funds, Porsche raises the expected net cash-flow margin in the automotive segment for 2026 to 5.5–7.5 percent (previously 3–5 percent). » Mere på faz.net