---
title: "Porsche Automobil: Major impairments on core holdings drove a €2.2 billion loss, despite resilient portfolio gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295188533.md"
description: "Adjusted group result after tax fell to €949 million due to major non-cash impairments on core investments, resulting in a negative group result after tax of €2,218 million. Volkswagen and Porsche AG both saw lower market values, while portfolio investments contributed positively. Outlook for 2026 remains cautious amid ongoing legal and macroeconomic risks.Original document: Porsche Automobil Holding SE Pref [PAH3] Interim report — Aug. 7 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-07T06:23:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295188533.md)
  - [en](https://longbridge.com/en/news/295188533.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295188533.md)
generator: "portal-rs"
---

# Porsche Automobil: Major impairments on core holdings drove a €2.2 billion loss, despite resilient portfolio gains

Adjusted group result after tax fell to €949 million due to major non-cash impairments on core investments, resulting in a negative group result after tax of €2,218 million. Volkswagen and Porsche AG both saw lower market values, while portfolio investments contributed positively. Outlook for 2026 remains cautious amid ongoing legal and macroeconomic risks.

Original document: Porsche Automobil Holding SE Pref \[PAH3\] Interim report — Aug. 7 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**