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PwC: Strongest half of the year for IPOs since 2000

2021-06-30T06:05:44.225Z


The economic outlook has brightened and the stock markets are booming. The management consultancy PricewaterhouseCoopers (PwC) has identified 14 companies that are making the leap on the Frankfurt floor.


The economic outlook has brightened and the stock markets are booming.

The management consultancy PricewaterhouseCoopers (PwC) has identified 14 companies that are making the leap on the Frankfurt floor.

Frankfurt / Main - After the corona lull, there could be record numbers for IPOs in Germany this year.

In the first half of the year, 14 companies already dared to step onto the Frankfurt floor, as the management consultancy PricewaterhouseCoopers (PwC) calculated on Tuesday.

Total volume: more than 8.8 billion euros.

"Since the boom in 2000, there has never been such a high issue volume in any half of the year as in the first half of 2021," said PwC.

It is therefore to be expected that the values ​​of the record year 2018 will be exceeded for the year as a whole.

At that time there were 18 initial public offerings in Frankfurt with a total volume of 11.35 billion euros.

"Because of the corona pandemic, numerous stock market aspirants put their IPO plans on hold last year," explained PwC partner Nadja Picard.

In the meantime, the economic outlook has brightened and the stock markets are booming.

"In order to benefit from this high valuation level, many companies put their stock market plans into action in the first half of the year."

Other stock market aspirants such as the Berlin online optician Mister Spex and the Hamburg wind and solar park operator Blue Elephant Energy are in the starting blocks.

According to PwC, at least ten other companies are working on implementing their initial listing in 2021.

The largest IPO in the second quarter of the current year was reported by the software developer Suse, who raised just under 1.1 billion euros from investors when it went public.

dpa

Source: merkur

All news articles on 2021-06-30

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