In the first half of the year, the IPO market in Europe showed weak signs of recovery, and investment banks are placing their hopes on the autumn.

date
02/07/2025
After experiencing the slowest period for European IPOs in over a decade in the first half of the year, traders are hopeful that several large transactions later this year could reignite the market. According to data compiled by institutions, IPOs in the region have raised approximately $5.52 billion by 2025, a 60% decrease from the previous year. Turmoil caused by US President Trump's tariffs resulted in the market being frozen for several weeks, and although some companies subsequently began issuing stocks, others postponed or canceled their initial public offerings. Subsequently, the recovery of European IPOs has lagged behind Asia and North America. However, with new and delayed transactions being included in the plans for the second half of the year, advisors are hopeful that European IPOs could make a comeback, especially as the prospect of increased defense spending and fiscal stimulus reignites investor interest in the region. Martin Sontikroft, Co-Head of Global Equity Capital Markets at Morgan Stanley, said: "There are several European IPOs planned for September or October, they are true milestone events." Participate in the discussion.