Tag #Porsche Se

How did the delay in VW's internal planning data affect Porsche SE's financial reporting and valuation of its VW shares?

The discrepancy between the book value and market value of VW shares held by Porsche SE stems from IFRS rules that require adding the portion of VW's annual profit not paid as dividends to the book value. VW's delayed release of key planning data for 2024, due to ongoing labor negotiations, forced Porsche SE to rely on analysts' less optimistic assessments, resulting in the write-downs.