Porsche CEO says aim is to return to DAX as soon as possible

BERLIN (Reuters) -Porsche CEO Oliver Blume expressed confidence in the value of the company's shares on Thursday and said the luxury sportscar maker aims to return to Germany's DAX as soon as possible after it is dropped from the blue-chip index in its regular reshuffle.

Blume cited technical factors for the relegation in an interview with the FAZ newspaper.

"However, I am sure that investors will continue to recognize the value of our share," he said. "With Porsche's new direction, we have a clear ambition to return to the DAX as soon as possible."

(Reporting by Christoph Steitz, writing by Rachel More, editing by Thomas Seythal)