(Tiper Stock Exchange) – StepStonea German recruiting platform that is part of the German publishing group Axel Springer, is “well positioned” for an initial public offering (IPO) on the Frankfurt Stock Exchange, with a quote that would be “super attractive”. The CEO Sebastian Dettmers said in a company podcast listened to by Reuters.
“I think we are well positioned – said the CEO – If an IPO occurs, I think it will be super attractive, but right now I can only say that we are constantly evaluating all options, the IPO is one of themDettmers said he was “extremely optimistic” about the markets in which StepStone operates, adding that a shortage of skilled labor in the market is strongly strengthening the business.
Every year, StepStone connects more than 100 million job applicants with more than 150,000 employers. As an integrated platform, StepStone uses AI-powered solutions to automate both the job search and recruitment process. In 2022, it spawned revenues of over 1 billion euros by operating in over 30 countries with various brandsincluding StepStone in Germany, Appcast in the US and Totaljobs in the UK.