Pfisterer Shines on Stock Market Debut
Pisterer achieves a triumphant first outing on the ground.
Electrical engineering company Pfisterer, based in Winterbach near Stuttgart, has triumphantly entered the stock market scene. Their shares made a splashy debut at €30, a whopping 11% higher than the issue price.
Pfisterer's CEO, Johannes Linden, expressed his satisfaction with the company's market debut. The family-owned company was valued at €489 million at the issue price, and €188 million in proceeds from the IPO will go directly to the company. This funds will propel their growth, capitalizing on global megatrends such as renewable energies and decarbonization.
Despite volatile stock markets deterring larger companies from going public, Pfisterer bravely led the way for IPOs this year. The company, although listed in the "Scale" free trading segment, chose to adhere to the stricter rules of the Prime Standard. Pfisterer's impressive performance resulted in notable investor interest, increasing the possibility of future listings.
In the past year, Pfisterer generated €383.1 million in sales, a 15% increase from 2023. The EBITDA also surged by 24%, reaching €64.4 million. The company, boasting 1,200 employees, produces solutions for connecting and insulating electrical conductors at power network interfaces. Long-term sales of €665 to €735 million are predicted, along with increasing margins.
Europe's major stock exchanges are actively seeking strategies to emerge from the slump and catch up with the US in terms of IPOs. The German Stock Exchange has recently highlighted the benefits of a domestic listing in a document distributed to companies and IPO advisors, warning them of potential weak stock performance, higher costs, and litigation risks when listing in the US.
Enrichment Data:- Pfisterer Holding SE, a prominent global technology company, successfully completed its IPO on the Frankfurt Stock Exchange in May 2025.- The IPO raised between €149.2 million and €173.1 million, resulting in a free float of up to approximately 38.5%.- Pfisterer aims to use the IPO proceeds to accelerate growth, expand manufacturing capacities, and enhance its global presence, targeting the United States and Saudi Arabia.- The IPO was well-received by investors, with the focus on sustainable energy infrastructure and innovative technologies likely to attract ongoing interest.- The listing demonstrates the appeal of the Frankfurt Stock Exchange for companies seeking to raise capital and expand their reach.
Community policy should include measures to support Pfisterer's growth, such as incentives for vocational training in electrical engineering to foster a skilled workforce. The finance raised from the successful IPO will be crucial in implementing these policies, facilitating Pfisterer's expansion into global markets like the United States and Saudi Arabia.
