Porsche's operating profit plummets 91% in second quarter

NAMPA / DPA
2025-07-25
Stuttgart (dpa) - Porsche's operating profit from its core car business - excluding financial services - collapsed to just ?154 million ($180 million) in the second quarter. That is down from around ?1.7 billion in the same period last year, amounting to a fall of nearly 91%. Revenue for the brand fell by roughly 12.9% to just over ?8.3 billion, according to half-year figures published on Friday by the Volkswagen Group (VW), which holds a major......
Restricted content

Latest NAMPA photos

MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

NAMPA
MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

NAMPA
MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

NAMPA
SWAKOPMUND, 24 July 2025 - Erongo Governor Natalia /Goagoses flanked by some state owned enterprises mascots  at the opening of the SOE sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 24 July 2025 - Erongo Governor Natalia /Goagoses flanked by some state owned enterprises mascots at the opening of the SOE sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND, 24 July 2025 - State Owned Enterprises mascots engaging in a session of Zumba dance ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 24 July 2025 - State Owned Enterprises mascots engaging in a session of Zumba dance ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND, 24 July 2025 - State Owned Enterprises teams parading ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 24 July 2025 - State Owned Enterprises teams parading ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA
WINDHOEK, 24 July 2025 - Special Envoy and Vice President of Sudan, Malik Agar Nganyoufa Eyre with the Sudanese delegation at the Namibian State House. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 24 July 2025 - Special Envoy and Vice President of Sudan, Malik Agar Nganyoufa Eyre with the Sudanese delegation at the Namibian State House. (Photo by: Eba Kandovazu) NAMPA

NAMPA
EENHANA, 24 July 2025 - Eenhana Mayor Omri-Onn Kavandje. (Photo: Contributed)

EENHANA, 24 July 2025 - Eenhana Mayor Omri-Onn Kavandje. (Photo: Contributed)

NAMPA