International Companies

Porsche cuts FY profit guidance for second time

By Benjamin Chiou

Date: Wednesday 30 Jul 2025

(Sharecast News) - Luxury carmaker Porsche said on Wednesday it would kickstart a package of "comprehensive strategic realignment measures" after taking a big hit from US trade tariffs in the first half, as it cut annual guidance for the second time in three months.
The German manufacturer said that, due to...

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