“We intend to maintain a growth rate of 100% in the coming years, achieve €10 million in EBITDA within four years, and consider listing on the stock exchange in 2024.”
Possible IPO either this year or next.
This IPO comes at the peak of Oddity’s rapid growth period. In addition to acquiring two companies in 2021 and 2023, Oddity also launched the skincare brand Spoiled Child in February 2022.
Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.
In this IPO, IDB raised €70 million, with a total amount of €80.5 million if the greenshoe option is not included. At the beginning of trading, the group had a market value of approximately €293 million.
Once the potential dual listing is implemented, the Ferretti Group will officially be listed on both the Hong Kong Stock Exchange and the pan-European exchange in Milan.
In 2022, Puig, which is 100% family-owned, achieved a new sales record, with revenue increasing by 40% year-on-year to €3.62 billion and net profit increasing by 71% to €400 million.
According to Pambianco Strategie di Impresa, Golden Goose ranked first and second on the list of most potential listed companies in 2021 and 2022 respectively.
According to IDB, the upcoming IPO is expected to be a major catalyst for the company, enabling it to attract top talent and senior management.
Kiton is eyeing a potential IPO but sees it as a long-term project rather than an immediate goal.