Porsche AG, the renowned sports and luxury car manufacturer, will exit Germany’s DAX stock index on September 22, according to Deutsche Börse, as reported by Reuters. After its notable IPO in 2022, Porsche will be succeeded by Scout24, Germany’s largest real estate platform operator.
Porsche’s decline is attributed to US import tariffs and reduced demand in the Chinese market, causing its shares to fall by over a third in the past year, ranking it just above Merck in performance among major German companies. CEO Oliver Blume, who also leads Volkswagen, cited “technical” corporate finance reasons for the drop. He expressed a goal to re-enter the DAX swiftly with Porsche’s new strategy.
To counter these challenges, Porsche plans to adjust its pricing policy following the first-half results released on July 30, aiming to boost share performance with a business restructuring. In the meantime, Porsche will be listed on the MDAX mid-cap index.
The DAX vacancies will be filled by GEA Group, a Düsseldorf-based machine builder, and Scout24, marking their inaugural entry into the index.














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