Porsche Automobil Holding warns VW 2026 ROS cut

Porsche Automobil Holding SE Pref (XETR:PAH3) said Volkswagen’s cut to 2026 operating ROS and a ~€6bn non-cash impairment will lower PAH3’s equity-accounted earnings, but the impairment will not affect PAH3’s adjusted or reported group result after tax.