Porsche needs to become more attractive to investors -CFO

15 Oct, 2018

Ferrari and Aston Martin have benefited from listing and Porsche should think about ways it could make itself more attractive, Meschke told the newspaper.

"Every company needs to think about whether it makes sense to create competitive divisions," Meschke said in response to a question about the merits of a stock exchange listing.

Porsche AG could be worth between 60 billion to 70 billion euros ($70-81 billion), Meschke said, without explaining what he based that estimate on.

A spokeswoman for Porsche on Monday said the company is not currently pursuing plans for a listing. Parent company Volkswagen Group also said there were no plans to list the Stuttgart-based maker of the famous 911 sportscar.

Analysts at Evercore ISI said a separate listing or spin out of Porsche AG is one of the most obvious ways for Volkswagen Group to unlock value.

"We believe VW's wholly owned Porsche AG could conservatively be worth an incremental 27-49 billion euros to VW shareholders," Evercore said.

Copyright Reuters, 2018

Read Comments