The Italian luxury brand Golden Goose is aiming for a capitalization of over 1.8 billion euros in its IPO. A price range of EUR 9.50 to EUR 10.50 has been set for the share listing, with the offer period running from June 13 to 18. The first day of trading is scheduled for June 21.
The IPO is to be launched with a first tranche of new shares with a total value of EUR 100 million. In a second tranche, the volume of which has not yet been determined, existing shares held by the Permira company Astrum will then be offered.
Golden Goose was valued at EUR 1.3 billion when it was acquired by Permira in 2020. Last year, the company achieved a turnover of around 587 million euros. The bottom line was a net profit of 49 million euros. In the first half of this year, Golden Goose increased its turnover by 21 percent to 276 million euros; in the third quarter, the increase was 16 percent.
