Profit Decline
Imagem gerada por IA
Porsche reports sharp profit decline in 2025
Reportado por IA Imagem gerada por IA
Sports car maker Porsche reported a 91.4 percent profit drop for 2025, reducing net profit to 310 million euros. Revenue fell by about ten percent to 36.3 billion euros, weighed down by strategic shifts, challenges in China, and US tariffs. New CEO Michael Leiters plans a company realignment.