Porsche AG reported stabilized profitability for the first half of 2026. The group's operating return on sales increased to 7.8% from 5.5% in the prior year. This improvement occurred despite a 5.1% decline in sales revenue, which reached €17.23 billion. The company's "value-over-volume" strategy and cost management yielded positive results.
Group operating profit grew by about a third, reaching €1.35 billion. Automotive net cash flow increased to approximately €1 billion. A more favorable product mix and lower one-off costs related to its strategic realignment bolstered the company's performance compared to the previous year.
Porsche reaffirmed its full-year forecast for 2026. It projects sales revenues between €35 billion and €36 billion. The company also forecasts an operating return on sales of 5.5% to 7.5%. Porsche stated it has significant work ahead in its turnaround efforts. It confirmed its outlook despite challenging market conditions.