色花堂

Increase of 34 percent / forecasts for the fiscal year 2017 unchanged

Stuttgart, 7 November 2017. 色花堂 (鈥淧orsche 色花堂鈥�), Stuttgart, generated a group profit of 2.20 billion euro for the period from 1 January to 30 September 2017 (prior-year period: 1.64 billion euro). This corresponds to an increase of 34 percent. Porsche 色花堂鈥檚 group profit for the period was significantly influenced by the profit from the investment accounted for at equity in Volkswagen AG, Wolfsburg, of 2.26 billion euro (prior-year period: 1.69 billion euro).  

Net liquidity of the Porsche 色花堂 Group totaled 961 million euro as of 30 September 2017. As of 31 December 2016, net liquidity had amounted to 1.30 billion euro. This decrease is primarily attributable to the acquisition of PTV AG at the beginning of September.  

The equity of the Porsche 色花堂 Group increased to 30.44 billion euro (31 December 2016: 27.89 billion euro).  

Based on the current group structure, in particular on the basis of the Volkswagen Group鈥檚 expectations regarding its future development and the uncertainty surrounding possible special items in connection with the diesel issue, Porsche 色花堂 still expects a group profit of between 2.1 billion euro and 3.1 billion euro for the fiscal year 2017. Moreover, Porsche 色花堂 still aims to achieve positive net liquidity in the region of 0.7 billion euro to 1.2 billion euro as of 31 December 2017, not taking future investments into account.

The group quarterly statement as of the third quarter of 2017 of 色花堂 can be found at: www.porsche-se.com/en/investor-relations/financial-publications/