Porsche Automobil Holding is trading 4.82% down now at €28.24 after Volkswagen reduced its 2026 operating-return forecast to up to 1%, from 4%–5.5%, partly because of an approximately €6 billion goodwill impairment assigned to Porsche.

  • Porsche SE lowered its adjusted 2026 group-result forecast to minus €0.5 billion to plus €1.5 billion, from €1.5 billion–€3.5 billion.
  • The impairment does not affect liquidity.