Share Name Share Symbol Market Type
Volkswagen AG XE:VOW XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.20 1.75% 186.25 186.15 186.25 187.00 183.30 186.55 29,212 16:09:43

Porsche AG Ebit Margins Don't Reach Ferrari -- Market Talk

20/06/2022 12:19pm

Dow Jones News

Volkswagen (XE:VOW)
Historical Stock Chart

From Jun 2022 to Dec 2022

Click Here for more Volkswagen Charts.

Volkswagen's sports-car maker Porsche AG is seen reporting high-teens Ebit margins but won't be able to reach Ferrari's margin, which was around 25% in 2021, Bernstein analysts say in a note. "While EBIT margins are impressive for a car OEM [original equipment manufacturer], they do not reach Ferrari's, are towards the lower end of luxury companies, and have displayed typical cyclicality - especially during downturns," say the analysts about Porsche's margins. German car maker Volkswagen is planning to list part of its Porsche AG subsidiary, which Bernstein gives a fair market value of around EUR75 billion, on the stock market later this year. Porsche delivers around 300,000 cars annually, while Ferrari sells around 11,000 vehicles a year, the analysts say. (


(END) Dow Jones Newswires

June 20, 2022 07:04 ET (11:04 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Volkswagen Chart

1 Year Volkswagen Chart

1 Month Volkswagen Chart

1 Month Volkswagen Chart
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20221201 16:25:01