German startup HelloFresh is cooking up tasty IPO plans again

 
Lynsey Barber
Follow Lynsey
Grand Tasting Presented By ShopRite Featuring KitchenAid® Culinary Demonstrations Presented By MasterCard - Food Network New York City Wine & Food Festival Presented By FOOD & WINE
HelloFresh delivers ingredients for meals to people's doors (Source: Getty)

German "unicorn" startup HelloFresh has said plans to go public are back on the menu after postponing an IPO back in 2015.

Nearly two years later and the meal-kit business is seeking to raise up to €300m in a listing on the Frankfurt stock exchange.

Read more: Goldman's Spotify share sale rings alarm over tech IPOs

The firm, backed by German startup incubator Rocket Internet, has yet to turn a profit, but said today it expects to break even within the next 15 months with improving margins.

The renewed IPO now follows the listing of rival US business Blue Apron, widely seen as one of the worst performing IPOs of the year after listing over the summer.

Related articles