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Porsche predicts after tax profit for 2020 | Automotive Industry News

Porsche predicts after tax profit for 2020 | Automotive Industry News

by admin
February 14, 2021
in Auto News
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Porsche SE stated on Friday after tax revenue for full 12 months 2020 was anticipated to achieve roughly EUR2.6bn “primarily based on present information”.

The result’s influenced considerably by the attributable at fairness outcome from the capital stake in Volkswagen AG of at the moment about 31.4% and thus by the group outcome after tax of VW AG.

Except for the working outcome the VW AG after tax revenue consists of further elements such the monetary outcome and taxes on earnings. On 22 January VW AG stated it anticipated a VW Group working revenue earlier than particular objects associated to diesel of round EUR10bn for 2020.

Porsche outcomes are due for launch on 23 March.





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