Sweden Joins Europe's Big League for Listings in Record IPO Year [Business News Network (BNN) (Canada)]
Oatly Group AB - American Depositary Shares (OTLY)
Company Research
Source: Business News Network
As may as 122 companies raised about $14 billion via initial public offerings in Stockholm this year, the most ever. That's second only to the U.K.'s $22 billion haul, according to data compiled by Bloomberg. It's a remarkable turnaround for a market that was nowhere near the top last year, with only $2.7 billion in proceeds. Sweden has hosted a variety of listings ranging from Volvo Car AB, which raised $2.3 billion in one of Europe's largest public offerings this year, to animal healthcare company Vimian Group AB and investment firm Storskogen Group AB. Sweden's climb to the top comes amid a global listings boom, fueled by elevated valuations and resilient stock indexes. The benchmark OMX Stockholm 30 index has rallied 25% in 2021, putting it among Europe's top performers this year. ‘Secret Sauce' Stockholm's “secret sauce” is its investor base, said Jonas Strom, chief executive of investment bank ABG Sundal Collier. A large number of small institutional investors and a ret
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OTLY
Earnings
- 4/30/24 - Beat
OTLY
Sec Filings
- 4/30/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/23/24 - Form 6-K
- OTLY's page on the SEC website