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Porsche SE Absorbs a $21.7B Hit From Volkswagen Investment
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Subscribe11 MAR 2025 / BUSINESS
Porsche SE, the holding company behind Volkswagen AG and Porsche AG, has booked a record valuation impairment of €20 billion ($21.7 billion) due to a significant hit on its 31.9% stake in Volkswagen and its 12.5% stake in Porsche AG. Still expected to pay its 2024 dividends, the company's full annual results due on March 26th will reveal whether this is merely a temporary setback or an indicator of deeper financial issues.
When the rubber meets the road, even financial giants like Porsche SE can skid into rough terrain. The holding company behind Volkswagen AG and Porsche AG just hit a €20 billion ($21.7 billion) speed bump, one of the largest impairments in its histor...
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