Porsche lowers its adjusted after-tax profit forecast for 2025.

Porsche Holdings: Adjusting for taxes, the estimated net profit for 2025 is now between 1.6 billion and 3.6 billion euros, down from the previous estimate of 2.4 billion to 4.4 billion euros. Net debt is still expected to be between 4.9 billion and 5.4 billion euros by the end of the year. The lowering of performance guidance is due to current market dynamics and the adjusted performance outlook for Volkswagen and Porsche shares. The company believes that the defense and security sector has significant growth potential and intends to capitalize on it.