Luxury logistics leader Ferrari Group Plc (NYSE:RACE) has announced plans to debut on the Amsterdam Stock Exchange with an initial public offering (IPO), marking one of Europe’s first listings of the year.
The Deiana family, controlling stakeholders of the Italian-based company, intends to sell a 25% stake through the IPO. Reports from Bloomberg suggest the group is targeting a valuation surpassing $1 billion. Established in 1959, Ferrari Group specializes in transportation and customs services for high-end goods.
In 2023, the company recorded €333 million ($348 million) in revenue and €90 million in earnings before interest, taxes, and depreciation. For 2024, the group projects revenue between €345 million and €350 million, reflecting its steady growth trajectory.
The IPO prospectus outlines plans for a robust annual dividend payout ratio averaging 40%, enhancing its appeal to potential investors. Goldman Sachs Group Inc. (NYSE:GS) and Jefferies Financial Group Inc. are leading the offering.
Ferrari Group’s move to list in Amsterdam underscores its ambition to expand its global presence and secure further investment to drive growth in the luxury logistics sector. This strategic decision places the company in the spotlight as a significant player in European financial markets.
With its solid financial performance and established reputation in luxury logistics, Ferrari Group’s IPO is expected to attract substantial investor interest, aligning with market trends and promising returns.


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