Dutch online store Coolblue on Wednesday became the latest European company to shelve its plans for listing its shares as stock markets have become gripped by uncertainty.
By Reuters Staff
(Adds detail, background, CEO quote)
AMSTERDAM, Feb 11 (Reuters) - Dutch investor HAL Trust is considering listing shares of Dutch online store Coolblue on the Amsterdam stock exchange this year, it said on Thursday.
HAL has a 49% interest in Coolblue, which last year reported revenue of about 2 billion euros ($2.43 billion) and earnings before interest, tax, depreciation and amortisation (EBITDA) of 114 million euros.
Coolblue’s revenue increased by about a third last year as coronavirus lockdowns boosted online shopping.
A specialist in consumer electronics and other household goods, Coolblue also operates a dozen physical stores in the Netherlands and Belgium.