PORSCHE AUTOMOBIL HOLDING SE Porsche SE
Annual Press and Analyst Conference
Stuttgart, 21 March 2024
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Incharge Capital Partners: Porsche SE and DTCP have established a joint venture
Investment platform | Established fund manager | ||
with unique network in the area of | with expertise in growth companies | ||
mobility and industrial technology | in the area of B2B software | ||
Investment focus on software companies in the areas of mobility and connectivity
Unmatched combination of sector expertise and investment acumen
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Successful fiscal year 2023 for Porsche SE
Second | Successful implementation | Targeted expansion |
attractive core investment | of financing strategy | of investment platform |
Creating sustainable value for our shareholders
Source: Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany | 4 |
Successful financing transactions show that Porsche SE is highly attractive for investors
September 2022 | March 2023 | April 2023 | June 2023 |
Initial financing | Schuldschein loan | First bond | Second bond | ||||||
Porsche AG | |||||||||
€2.7 billion | €0.75 billion | €1.25 billion | |||||||
€7.1 billion | |||||||||
€4.7 billion within approx. 4 months
Long-term ambition for loan-to-value*:in the low double-digitpercentage range
* Loan-to-value is defined as the ratio of net debt to the market valuation of all of Porsche SE's investments as of the reporting date | 5 |
Key figures for the fiscal year 2023
€5,096 | €5,717 |
million | million |
(2022: €5,492 million*) | (2022: €6,672 million) |
Group result after tax | Net debt |
* Result after tax for 2022 includes a non-cash accounting gain of €0.6 billion in connection with the acquisition of Volkswagen preference shares. Without this one-off accounting effect, | 6 |
the result for the fiscal year 2023 would have been higher than the prior-year result. |
Operating development of the Volkswagen Group in fiscal year 2023
€322.3 | €22.6 | €17.9 |
billion | billion | billion |
(2022: €279.1 billion) | (2022: €22.5 billion) | (2022: €15.9 billion) |
Revenue | Operating result | Result after tax |
before special items |
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Operating development of the Porsche AG Group in fiscal year 2023
€40.5 | €7.3 | €5.2 |
billion | billion | billion |
(2022: €37.6 billion) | (2022: €6.8 billion) | (2022: €5.0 billion) |
Revenue | Operating result | Result after tax |
before special items |
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Strengthening the portfolio investments segment by investing in technology companies
Intensifying investment activities to further expand the investment platform
Sources: ABB Asea Brown Boveri Ltd., Zurich, Switzerland; Quantum Motion Technologies Ltd., London, UK; Xanadu Quantum Technologies Inc., Toronto, Canada | 9 |
Further success in pending litigation
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Porsche Automobil Holding SE published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 06:22:08 UTC.
