In today’s briefing:
- Amer Sports IPO: The Fundamentals, and How We See It?
- Aequitas ASEAN IPOs + Placements Broker Performance 2023
Amer Sports IPO: The Fundamentals, and How We See It?
- We consider the fundamentals of Amer Sports (AS US) attractive and are positive towards its business outlook. Profitability has surged with solid growth rates in revenue and margin.
- Amer’s investment case lies in its multi-brand portfolio, niche, functional, and professional products, margin expansion/profitability improvement, and China growth prospects.
- Since the proceeds will be used to repay shareholder loans, this will lower its interest burden and strengthen its financial position. Hence, the IPO should further boost its profitability.
Aequitas ASEAN IPOs + Placements Broker Performance 2023
- In this note, we will take a look at broker performance for ASEAN IPOs and placements in 2023.
- The following dataset includes all ASEAN IPOs and placements above US$100m, which amounted to a total of 18 deals.
- The deals you see in this note are based on our historical IPO and placement tracker. Feel free to drop us a message for additional information.
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