Once more into the IPO breach with TS Lines
And we hope that in six-12 months’ time… well, hang in there
Italian owned luxury logistics specialist Ferrari Group has revealed plans to undertake sell 25% of its shares in an initial public offering on Amsterdam’s stock exchange. In the year ended 2023, it posted revenues of €333m and an adjusted EBITDA of €90m, with a margin of 27%.
“Customers of the group include global luxury brands, high-end watchmakers, jewellery manufacturers and distributors, diamond dealers, precious stone producers and private clients,” it said in its prospectus and added that its sole focus on ...
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