Feb 24 (Reuters) - Axel Springer's jobs site StepStone
is "well positioned" for an initial public offering (IPO) in
Frankfurt, and the listing would be "super attractive," Chief
Executive Sebastian Dettmers told an internal company podcast
obtained by Reuters on Friday.
"I think we're well positioned. If an IPO happens, then I
think it'll be super attractive, but right now I can only say
that we are constantly considering all options, IPO being one of
them," Dettmers said.
The chief executive said he was "extremely optimistic" about
the markets StepStone operates in, adding that a skilled labour
market shortage was strongly bolstering the business.
"We're benefiting from that because it's our mission to help
companies to hire the right talent. That's how we earn money.
That's why I think it's really good in terms of how we are seen
as an industry," he said.
Axel Springer Chief Executive Mathias Doepfner has confirmed
that the media group is looking at a stock market debut for the
jobs unit.
StepStone says it publishes around 600,000 job
advertisements from more than 150,000 companies every year. The
job portal employs around 4,000 people in more than 30 countries
and generated sales of around 800 million euros ($845.60
million) in 2021.
"We almost doubled our revenues and obviously hit a record
in 2022," Dettmers said on the podcast.
($1 = 0.9461 euros)
(Reporting by Klaus Lauer, Writing by Friederike Heine, Editing
by Miranda Murray)
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