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Stuttgart (dpa) - After the meanwhile crash into the red, the VW umbrella company Porsche SE has caught up a lot and is again generating a billion-dollar profit for 2020.
According to the current status, 2.6 billion euros after taxes can be expected, the Stuttgart Holding announced on Friday.
That would be 1.8 billion euros or almost 41 percent less than in 2019. In autumn, the gap to the previous year was even greater.
In the middle of the year, Porsche SE was even in the red with 329 million euros as a result of the Corona slump.
The result of Porsche SE (PSE), which is controlled by the Porsche and Piëch families, essentially depends on how the business of Volkswagen AG goes.
PSE holds a good 53 percent of VW's common stock.
After the Wolfsburg-based company announced in January that it expected an operating profit before special items of ten billion euros for 2020, Porsche SE had already raised its own expectations.
The holding company plans to present complete and final figures on March 23.
© dpa-infocom, dpa: 210212-99-414502 / 2
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