U.S. markets open in 8 hours 3 minutes
  • S&P Futures

    4,372.25
    -39.50 (-0.90%)
     
  • Dow Futures

    34,821.00
    -153.00 (-0.44%)
     
  • Nasdaq Futures

    14,815.25
    -222.50 (-1.48%)
     
  • Russell 2000 Futures

    2,216.90
    -20.60 (-0.92%)
     
  • Crude Oil

    73.07
    -0.55 (-0.75%)
     
  • Gold

    1,831.00
    -4.80 (-0.26%)
     
  • Silver

    25.60
    -0.18 (-0.71%)
     
  • EUR/USD

    1.1882
    -0.0014 (-0.12%)
     
  • 10-Yr Bond

    1.2690
    0.0000 (0.00%)
     
  • Vix

    17.70
    -0.61 (-3.33%)
     
  • GBP/USD

    1.3941
    -0.0017 (-0.12%)
     
  • USD/JPY

    109.5250
    +0.0640 (+0.06%)
     
  • BTC-USD

    39,702.24
    -47.40 (-0.12%)
     
  • CMC Crypto 200

    945.17
    +14.81 (+1.59%)
     
  • FTSE 100

    7,078.42
    +61.79 (+0.88%)
     
  • Nikkei 225

    27,331.96
    -450.46 (-1.62%)
     

French delivery company Colis Privé gets IPO document cleared

·1 min read

PARIS, June 14 (Reuters) - French parcel delivery company Colis Privé said the country's markets watchdog had approved its initial public offering (IPO) registration document, marking the first step for a listing on Euronext's Paris stock exchange.

The group, which did not provide a fundraising target or a detailed description of its shareholding structure, wants to expand overseas, starting with Belgium, Luxemburg and Morocco.

U.S. E-commerce giant Amazon is Colis Privé's main customer and holds 9.65% of its shares, the French company said.

Colis Privé's full-year revenue grew by 46% in 2020 from a year earlier to 233.8 million euros ($283 million). Earnings before interest, tax, depreciation and amortisation (EBITDA) were up by 94% over the same period to 21.5 million euros.

Colis Privé said its first-quarter sales jumped by 58% from a year ago to 64.2 million euros, and it expected underlying sales in France to surge by 25% this year from 2020.

($1 = 0.8260 euros) (Reporting by Gwénaëlle Barzic and Mathieu Rosemain Editing by Sudip Kar-Gupta)