- Porsche AG’s first quarter operating return on sales was 14.2%, falling short of the estimated 14.9%.
- This reflects a year-on-year decline from a previous operating return on sales of 18.2%.
- Porsche’s operating profit for the first quarter was EU1.28 billion, which is down 30% compared to the same period last year.
- In terms of revenue, the first quarter recorded EU9.01 billion which is 11% lower year-on-year, and missed the estimate of EU9.33 billion.
- The year’s forecast remains unchanged, with estimated revenue ranging from EU40 billion to EU42 billion, as opposed to the market estimate of EU40.78 billion.
- Similarly, Porsche AG continues to project their operating return on sales to be within the 15% to 17% range for the year, slightly below the market’s prediction of 16.7%.
- Porsche AG has long-term ambitions for a group operating return on sales exceeding 20%.
- In the medium term, the company aims to maintain their forecast of a group operating return on sales between 17% and 19%.
A look at Dr Ing hc F Porsche Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Dr Ing hc F Porsche, a company known for manufacturing high-end passenger vehicles including sports cars and SUVs, has received respectable Smart Scores across different factors. With a strong Growth score of 4, the company is positioned well for expansion and development in the long term. Additionally, its Resilience score of 4 indicates that it has the ability to weather economic uncertainties and market fluctuations, enhancing its stability. The Momentum score of 5 further reflects positive market sentiment and performance.
While the Value and Dividend scores are more moderate at 2, suggesting room for improvement in terms of valuation and dividend payouts, the overall outlook for Dr Ing hc F Porsche appears promising, especially considering its solid foundation and potential for growth in the future. Customers worldwide continue to rely on the company for high-quality vehicles and finance services, showcasing its global presence and brand reputation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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