Made it: Porsche CFO Lutz Meschke, 56, on Thursday at the Frankfurt Stock Exchange. The Porsche IPO is the largest in Germany since Deutsche Telekom in 1996.
Image: Lucas Bäuml
In an interview, Porsche CFO Lutz Meschke talks about growing geopolitical risks, his company’s mega IPO and computer-controlled sports cars.
Mr. Meschke, Porsche made the leap to the stock market in difficult times, but the price development of your share at the beginning was mixed. Can you give your new shareholders courage for the future?
Marcus Theurer
Editor in the economy of the Frankfurter Allgemeine Sunday newspaper.
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The IPO is a huge success for Porsche. We managed to do that under extremely challenging conditions. We are proud of that. And our ambition is that our new shareholders can also benefit from Porsche’s success.
Energy prices and inflation are alarmingly high. Is Porsche getting through this crisis well?
At Porsche, we have shown that we can be successful even under challenging conditions. Our strategy has also convinced investors, as our IPO of Porsche shows. We already proved during the 2008 financial crisis that we were able to generate good returns even in difficult times. And today we believe that we are much more resilient than we were then.