PFISTERER Holding SE has set the final price for its IPO at €27.00 per share. This step is part of the planned Initial Public Offering (IPO), which is scheduled to take place in the second quarter of 2025. The shares will be traded on the Frankfurt Stock Exchange under the symbol “PFSE,” with trading commencing on May 14, 2025.
Background and Goals of the IPO
PFISTERER Holding SE is a leading company in the field of high-voltage cable insulators and plans to raise approximately €100 million through the IPO. These funds will be used for international expansion, research and development, and the introduction of new products, particularly in the field of high-voltage direct current technology (HVDC).
Financial Situation and Strategy
In 2024, PFISTERER achieved a revenue of €383.1 million and an adjusted EBITDA of €64.6 million, indicating strong profitability and cash flow generation. The IPO aims to achieve a minimum free float of 25% to create a liquid market condition for the shares.
Market Significance and Outlook
PFISTERER operates in a growing market driven by electrification, urbanization, and the demand for renewable energies. With a strong global presence in 17 locations across 15 countries, the company strategically positions itself to enhance its competitiveness and provide innovative solutions for electrical network interfaces.
Investor Interest
The PFISTERER IPO could be of interest to investors as the company operates in a dynamic market segment and gains additional resources for growth and innovation through the IPO. The set price of €27.00 per share gives investors a clear idea of how the company is valued and what expectations exist for future growth.