• MHP acquisition scope: TCS acquired Porsche's consulting arm, MHP, which generates approximately €700 million to €750 million in annual revenue at double-digit margins, with Porsche accounting for roughly 30% of that business.
• Financial and margin outlook: The partnership carries an indicative revenue commitment of nearly €1.25 billion from Porsche over five years and is expected to be EPS accretive in year one, despite an initial margin dilution of 50 to 60 basis points.
• Integration and AI COE: MHP will remain an independent, standalone entity with its 4,500 employees, teaming with TCS to establish a global AI Center of Excellence for mobility transformation and access over 300 complementary client accounts.
• Porsche product strategy: Porsche is refocusing on core automotive operations and operational efficiency through AI, while maintaining a powertrain-agnostic approach that balances internal combustion engines, hybrids, and electric vehicles across regional markets.