Porsche Automobil Holding SE said it expects after tax profit for full year 2020 will "presumably be significantly positive, given the fact that Volkswagen AG has "announced it expects an operating result before special items related to diesel of around EUR10bn".

The Porsche group holds 31.4% of VW so its after tax earnings are significantly affected by Volkswagen group results.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

"The group result after tax of Porsche SE is thus also influenced by additional effects different from the operating result [such as] the financial result at the level of the Volkswagen group. Currently Porsche SE does not have information for the total fiscal year 2020 regarding such other effects," the automaker said in a statement on Friday (22 January).

"Thus a quantitative guidance regarding the group result after tax for Porsche SE is currently not yet possible."

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact