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The IPO consists of 32.26 million shares, while the expected price range is set between $44.00 and $49.00 per ordinary share. At the top of the range, Birkenstock would raise $1.58 billion from the IPO.
For nine months to the end of June, the company generated revenue of €1.12 billion ($1.19 billion), representing an increase compared to the previous fiscal year (€921.2 million).
Adjusted EBITDA was €387 million, indicating a 16% annual growth.
Birkenstock has applied to list its shares on the New York Stock Exchange (NYSE) under the symbol “BIRK.”
