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At its annual general meeting, Porsche said it got off to a strong start in Q2 but China is still muted.
“Porsche got off to a robust start in the second quarter and is pleased with how demand continues to develop in almost all regions. Only in China has the current demand for exclusive products remained subdued across all markets, both for consumer goods and for cars,” it said.
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Porsche reiterated its 2024 revenue guidance of around 40-42 billion euros and return on sales of between 15% to 17%.
https://www.eqs-news.com/news/corporate/porsche-annual-general-meeting-2024/2069883