Stuttgart, 22 January 2021. The group result after tax of Â鶹ÊÓƵ, Stuttgart (Porsche Â鶹ÊÓƵ), for the fiscal year 2020 will presumably be significantly positive, given the fact that Volkswagen AG, Wolfsburg, has announced it expects an operating result before special items related to diesel of around Euro 10 billion.
As a consequence of the capital stake of about 31.4 percent which Porsche Â鶹ÊÓƵ holds in Volkswagen AG, the group result after tax of Porsche Â鶹ÊÓƵ group is significantly influenced by the at equity result attributable to Porsche Â鶹ÊÓƵ and, thus by the group result after tax at the level of Volkswagen group.
The group result after tax of Porsche Â鶹ÊÓƵ is thus also influenced by additional effects different from the operating result e.g. the financial result at the level of the Volkswagen group. Currently Porsche Â鶹ÊÓƵ does not have information for the total fiscal year 2020 regarding such other effects.
Thus a quantitative guidance regarding the group result after tax for Porsche Â鶹ÊÓƵ is currently not yet possible.
