BERLIN, Oct 24 (Reuters) - Porsche does not

expect to return to double-digit margins next year, finance

chief Jochen Breckner said after the German luxury carmaker

reported a near 1-billion-euro ($1.2 billion) operating loss in

the third quarter.

"2025 will be the trough, but having said that, we do not

expect, on a return on sales level, a double-digit performance

in 2026," Breckner told investors.

"That is something that we will target for the years to come

after 2026," he said, adding that a high single-digit margin was

possible for next year.

($1 = 0.8575 euros)