Sweden Joins Europe's Big League for Listings in Record IPO Year [Financial Post (Toronto, Ontario, Canada)]
Oatly Group AB - American Depositary Shares (OTLY)
Company Research
Source: Financial Post
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. U.S. announces diplomatic boycott of Beijing Winter Olympics Advertisement 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. Advertisement Article content 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,
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Earnings
- 4/30/24 - Beat
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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