European Ipo Market Since 2020

European ipo market since 2020

Market Outlook: European Stocks in 2020

After a busy Q2, markets were supportive, but Brexit and broader geopolitcal uncertainty continued

A combination of the summer break and Brexit uncertainty led to a quiet quarter in Q3 2019, with volumes falling by 52% when compared to last year. Uncertainty around the Brexit negotiations and global economic growth concerns may deter prospective IPO candidates from completing a transaction on the public markets before the end of the year.

Following a number of significant IPOs pricing at the end of June, total proceeds finished the quarter up by 24% on the same period last year in which 69 IPOs raised €9.2bn.

The increase in Q2 over Q1 2019 was largely driven by several mega-IPOs, including Nexi SpA, Network International Holdings, Trainline plc, Traton SE and Stadler Rail AG, which raised a combined €7.4bn.

Following a number of significant IPOs pricing at the end of June, total proceeds finished the quarter up by 24% on the same period last year in which 69 IPOs raised €9.2bn.

The increase in Q2 over Q1 2019 was largely driven by several mega-IPOs, including Nexi SpA, Network International Holdings, Trainline plc, Traton SE and Stadler Rail AG, which raised a combined €7.4bn.

European ipo market since 2020