# CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
Published: 2022-09-29
Category: News
Category URL: https://tradingherald.com/category/news/
Meta Title: Porsche AG CEO Celebrates 'Historic Moment' After
Meta Description: Porsche AG CEO Oliver Blume hails 'historic moment' after IPO, CFO Lutz Meschke lauds success in tough market conditions. Details here.
URL: https://tradingherald.com/ceo-blume-hails-historic-moment-as-porsche-ag-lists-on-frankfurt-exchange/

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FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “historic moment” of the luxury car brand listing on Thursday after Germany’s biggest initial public offering (IPO) in more than 25 years.

Porsche Chief Financial Officer Lutz Meschke added that the company had proven it could succeed in challenging market circumstances.

(Reporting by Victoria Waldersee; writing by Matthias Williams; Editing by Miranda Murray)


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