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Porsche Maps Out Profit Push Ahead of IPO With New Luxury SUV

  • German sports-car firm targets up to 27% Ebitda margin by 2026
  • Porsche’s fourth-quarter listing is one of Europe’s biggest
 

Sales of the 911, Porsche’s most profitable model, could approach a record 40,000 units this year.

 

Sales of the 911, Porsche’s most profitable model, could approach a record 40,000 units this year.

Photographer: Liesa Johannssen-Koppitz/Bloomberg
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Volkswagen AG’s Porsche plans to introduce a new electric luxury sport utility vehicle and bolster profits in the coming years as the brand tries to win over investors ahead of its initial public offering.

Porsche targets an automotive Ebitda margin of as much as 27% by 2026, up from 24.5% last year, the company said Monday during its capital markets day. That would be below what Ferrari NV generated in 2021, but well ahead of Tesla Inc. and BMW AG.