(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.
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