By Sabela Ojea
Porsche is expanding its product portfolio after an inventory reduction it conducted in the fourth quarter.
The German premium car maker on Thursday said it expects 2025 sales of 39 billion euros to 40 billion euros ($40.57 billion to $41.61 billion) and a return on sales between 10% to 12%.
Porsche said it plans to include additional vehicle models with combustion engines or plug-in hybrids, among other plans, and adjust its corporate organization accordingly. The vehicle development and battery activities in its own subsidiaries will lead to significant additional expenditures, too, the company added.
In 2025, the total impact of all of these measures on the operating profit and the automotive net cash flow is expected to amount to up to about EUR800 million, Porsche said.
Regarding its dividend, the company said it expects it to be around the same level as in the prior year, subject to the final approval of the board.
Write to Sabela Ojea at sabela.ojea@wsj.com ; @sabelaojeaguix
(END) Dow Jones Newswires
February 06, 2025 15:30 ET (20:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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