German Porsche SE Group turns to defense industries due to declining sales

German Porsche SE Group turns to defense industries due to declining sales


Berlin – Saba:

Hans Dieter Pötsch, Chairman of the Board of Management of the German Porsche SE Holding Group, announced on Wednesday that, in light of declining profits, the group intconcludes to expand its investments in the defense sector.

Pötsch confirmed in a statement issued by the company: “As part of our efforts to create a diversified investment platform, we are paying close attention to defense, security, and sustainability issues in Europe. We want to expand our participation in the defense sector and related areas within our investment portfolio, while maintaining our core focus on transportation and industrial technologies.”

The statement indicated that in the first half of 2025, Automobil Holding SE (Porsche SE) Group’s net profits declined to €338 million, while adjusted profits decreased to €1.1 billion compared to €2.1 billion in the same period last year. The group also lowered its forecast for 2025, now expecting adjusted profits of between €1.6 billion and €3.6 billion, down from its previous forecast of €2.4 billion and €4.4 billion.

The group intconcludes to invest in technologies for space surveillance systems, ininformigence and sensor systems, cybersecurity, logistics, and supply systems.

The chairman explained that the priority will be to establish a platform for investing in “promising defense technology companies,” including collaboration with other investors and major partners.

He also noted that Porsche SE is already actively working in dual-utilize technologies, such as its investments in Isar Aerospace and Quantum Systems.

Earlier, the German magazine specializing in security affairs and defense technology, Europäische Sicherheit & Technik, reported that Porsche SE plans to return to arms manufacturing after incurring losses of approximately €20 billion by 2024.

Porsche SE is a German holding group that owns significant stakes in Volkswagen AG and Porsche AG.



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