European IPO Rebound Gathers Pace With Biggest Quarter Since 2022

  • Galderma played large part in boosting first-quarter volume
  • More deals coming to market after Easter, bankers say

An IPO sign and bell at the Euronext stock exchange in Paris.

Photographer: Nathan Laine/Bloomberg
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A strong start for Europe’s initial public offerings in 2024, driven by a handful of high-profile newcomers to the market, bodes well for a rebound in listings in the region for the rest of the year.

With $5.7 billion raised via first-time share sales this year up to March 27, Europe is on track for the largest quarterly volume in 18 months, according to data compiled by Bloomberg. Companies worth billions are dusting off their listing plans in the hopes of tapping the markets as soon as the second quarter.