Porsche stock slides on profit forecast; company may ‘pass’ tariff costs on to customers
March 12, 2025Porsche stock is sliding after the company cut a key profit target — and revealed it may pass down tariff costs to its well-to-do customers.
Porsche said expects a global operating return on sales (or ROS, a measure of profit margin) in a range of 10% to 12% in 2025, down from 14.1% in 2024 — and sharply down from 18% ROS in 2023.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.
Original URL: Click here to visit original article