Le Slip Français shares dip below €14.80 IPO price in Paris debut
2026-07-14 09:06:27
According to CNBC, French underwear brand Le Slip Français made its stock market debut in Paris on Tuesday on the Euronext Growth Paris exchange, with shares briefly falling below the IPO price of €14.80 before last trading at €15. Founder and CEO Guillaume Gibault said the company generated €21 million in revenue in 2025, with EBITDA of €2.1 million and net income of €700,000, and said those results supported the decision to list. Based on the €14.80 IPO price, the company was targeting a market capitalization of about €19 million ahead of the offering. Gibault said the company produces about 4,500 pieces of underwear a day at its factory near Paris, has cut retail prices from about €40 to roughly €20 while staying profitable, and aims to double revenue by 2030 by growing market share in men’s underwear and expanding manufacturing for other brands.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
