AutoStore to launch IPO
THE AS/RS player intends to go public on the Oslo Børs.
The offering will comprise an issuance of new shares by the company and a sale of existing shares by certain existing shareholders.
For the year ended 31 December 2020, AutoStore generated net revenue of USD 182.1 million and had Adjusted EBITDA of USD 93.5 million, and for the six months ended 30 June 2021, AutoStore generated net revenue of USD 149.6 million (representing year-on-year growth of 87.5%) and had Adjusted EBITDA of USD 74.9 million (representing an Adjusted EBITDA-margin of 50.1%).
