Le Slip Français debuted on the stock market with an IPO price of 14.80 euros, targeting a market capitalization of approximately 19 million euros. The company reported revenues of 21 million euros ($24.6 million) for 2025, with a net income of 700,000 euros, which provided the confidence to pursue public listing.
Despite a mixed start, with shares initially dipping below the IPO price before stabilizing at 15 euros, CEO Guillaume Gibault emphasized the potential for local manufacturing amid global trade uncertainties. The company has invested in its own factory near Paris, producing around 4,500 pieces of underwear daily, and aims to reduce prices further through increased manufacturing efficiency.
Gibault noted that Le Slip Français holds about 4% of France's men's underwear market and plans to double its revenue by 2030 by expanding its market share and offering manufacturing services to other brands. He acknowledged the challenges of entrepreneurship in France but remains focused on building a business that competes on quality and price, appealing to investors who share this vision