Pan-European exchange Euronext said today that seven new companies had joined its markets in May, adding that it had seen improved market conditions for listings.
Euronext operates bourses in Paris, Amsterdam, Brussels, London and Lisbon.
It said initial public offerings in May included Philips Lighting in Amsterdam, the largest IPO in Europe year-to-date, raising capital worth €750m.
Euronext said that market conditions in April had significantly slowed worldwide IPO activity during the first quarter of the year, which was the weakest first quarter since 2009.
Global markets have been erratic recently amid worries about China's economy and falling oil and commodity prices. The bourse operator's listing revenue fell 7.2% to €14.2m in the quarter ended March 31.
Euronext had earlier reported no new listings in February due to highly volatile market conditions, compared with nine new listings in the period last year, that raised more than €2 billion.
