Beteiligungsgesellschaft: Milliardenverlust bei Porsche SE wegen VW-Abschreibung

In the first half of 2026, Porsche SE, the ownership holding company, reported a billion-dollar loss due to an accounting write-down related to its stake in the Volkswagen Group. The company disclosed a loss of 2.2 billion euros, marking a stark contrast to the 300 million euros profit earned in the previous year. Both Volkswagen, Europe's largest automaker, and Porsche, its significant shareholder, are currently grappling with challenging market conditions and the sweeping changes sweeping through the automotive industry.

Write-offs on Volkswagen shares amounted to 3 billion euros, while those on Porsche amounted to 200 million euros during the same period. Porsche SE's CEO, Hans Dieter Pötsch, urged for swift action on Volkswagen's restructuring program, urging a decisive decision on the cost-cutting measures in Wolfsburg. The Volkswagen Group finds itself at a historic turning point, with decisions ahead determining the future of the company.

The longer the delay, the more severe the problems will become, according to Pötsch. Porsche SE's Chief Financial Officer, Johannes Lattwein, emphasized that the holding company, as the majority shareholder, stands behind the management and its proposals, advocating for competitiveness. No stone should be left unturned in this process, lest Volkswagen risks falling permanently behind in the global competition.

The company's debt slightly decreased to 5 billion euros by the end of June. Porsche SE aims for a net consolidated profit of 1.5 to 3.5 billion euros for the year and a net debt of between 4.7 and 5.2 billion euros at the end of the year.