22 Hrs
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الاقتصادية
Porche upholds 2026 targets amid rising challenges
German sports car manufacturer Porsche has reaffirmed its financial goals for 2026 despite increasing challenges in its major markets. The company anticipates its operating profit margin to recover to between 5.5% and 7.5% this year, after falling to 1.1% in 2025. CEO Michael Lutzers stated that the path to recovery remains long and complicated, citing hurdles such as US tariffs and Chinese competition. Meanwhile, shareholders are preparing to hold management accountable during the company's upcoming meeting.
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