DGAP-Ad-hoc: Porsche Automobil Holding SE / Key word(s): Forecast/Annual Results 
Porsche Automobil Holding SE: Adjustment of the forecast for the 2021 group result after tax 
29-Jul-2021 / 07:46 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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Porsche Automobil Holding SE: Adjustment of the forecast for the 2021 group result after tax 
For the fiscal year 2021 Porsche Automobil Holding SE (Porsche SE), Stuttgart, now expects a group result after tax of 
between 3.4 billion euro and 4.9 billion euro. The adjustment of the forecast is based on the updated outlook of 
Volkswagen AG, Wolfsburg, for the fiscal year 2021. 
As a consequence of the capital stake of about 31.4 percent which Porsche SE holds in Volkswagen AG, the result of the 
Porsche SE group is significantly influenced by the at equity result attributable to Porsche SE and, thus by the 
earnings situation of the Volkswagen group. 
Uncertainties exist with regard to the Covid-19-pandemic, operational risks, e.g. the shortage in semiconductors, as 
well as potential additional special items in connection with the diesel issue all leading to ongoing severe 
constraints in the reliability of the forecast. 
Contact: 
Frank Gaube 
General Manager Investor Relations 
+49-711-911-11046 
frank.gaube@porsche-se.com 
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29-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Porsche Automobil Holding SE 
              Porscheplatz 1 
              70435 Stuttgart 
              Germany 
Phone:        +49 (0)711 911-11046 
Fax:          +49 (0)711 911-11819 
E-mail:       InvestorRelations@porsche-se.com 
Internet:     www.porsche-se.com 
ISIN:         DE000PAH0038 
WKN:          PAH003 
Listed:       Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market 
              in Dusseldorf, Hamburg, Hanover, Tradegate Exchange 
EQS News ID:  1222506 
 
End of Announcement  DGAP News Service 
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1222506 29-Jul-2021 CET/CEST


 
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(END) Dow Jones Newswires

July 29, 2021 01:46 ET (05:46 GMT)