Key Market Indicator:
Welcome our new Research Provider
In the Research & Ratings section, you can access assessments from renowned analyst firms that specialize in the due diligence and valuation of companies that are generally listed on the stock exchange. Starting from the research reports, you can access further research tools and information with just a few mouse clicks, which offer you additional options for obtaining and assessing information.
Wed, 22.05.2024
029 Group SE
FY23 as expected // key holding with favourable developments
Topic: 029 published FY23 figures. As 029 holds only minority stakes and
reports under German HGB (no mark-to-market valuation), it was a non-event.
Yet, its key assets continue to perform well. As 029 had no divestments
during FY23 (Emerald Stay was sold in Feb. 2024), the company ge [ … ]
Wed, 22.05.2024
Cloudberry Clean Energy ASA
Strong Q1 // Odal shortfall covered by warranties
Topic: Cloudberry reported strong Q1 figures despite production shortfalls
at the Odal wind farm (covered by warranties). A final investment decision
for its transformative 175MW PV park in Denmark is expected until the end
of the year.
Q1 consolidated revenues grew by 89% yoy to NOK 129m, lar [ … ]
Tue, 21.05.2024
Rosenbauer International AG
Solid start into the year // record order backlog; chg. est.
Topic: Rosenbauer released solid Q1 figures with sales above but EBIT below
our estimates. The demand for firefighting vehicles is unbroken supported
by several structural trends, leading to a strong order intake and a new
record high in order backlog.
Q1 sales grew by 17.7% yoy to [ … ]
Fri, 17.05.2024
Flughafen Wien AG
Q1 review: powerful take-off into 2024
FWAG released sound Q1 results, in line with our estimates. While top-line
was driven by solid passenger growth, bottom-line benefitted from a
positive financial result and grew disproportionately. In detail:
Upbeat winter travel grew top-line: Against last year's muted outlook, Q1
passengers numbers ros [ … ]
Fri, 17.05.2024
123fahrschule SE
Promising acquisition & strong start into the year
123fahrschule announced an agreement to acquire Foerst GmbH, a manufacturer
of driving simulators for cars, trucks, and buses, which are primarily used
for driver education. The acquisition price, a mid-six-figure amount (eNuW:
€ 500k; c. 0.5x act. EV/sales), will be paid fully or part [ … ]
Fri, 17.05.2024
Cantourage Group SE
Solid FY23 and Q1'24 prelims // accelerating growth in April; chg.
Topic: Cantourage issued solid FY23 and Q1 2024 prelims, which were
impacted by slower patient growth amid the looming (at that time)
regulatory changes. Sales figures for April (following legalization light)
show a significant acceleration.
FY23 sales grew by 67% yoy to &euro [ … ]
Fri, 17.05.2024
Multitude SE
Solid Q1 figures // FY24 guidance approved; chg
Yesterday, Multitude reported Q1´24 figures above expectations, but still
with room for sequential improvements until YE. In detail:
Sales of € 64.2m (10% yoy, 1% qoq), was above the anticipated € 59.0m,
mainly driven by the stronger growth of the net loan book (NAR) to € 65 [ … ]
Thu, 16.05.2024
Singulus
Good start into 2024 and strong order intake; chg. est.
Topic: Singulus reported solid Q1 figures with sales and EBIT above our
estimates. Order intake came in strong as already announced on the FY23 CC
in April.
Q1 sales increased 26% yoy to € 20.6m (eNuW: € 18.6m), despite a low order
backlog of € 55m end of FY23. Q1 EBIT sto [ … ]
Thu, 16.05.2024
bet-at-home AG
Solid Q1 // indicative decision weighs on the stock; chg
Topic: bet-at-home reported Q1 figures broadly in line with estimates.
Ramped-up marketing spending burdened bottom line but should fuel topline
growth during UEFA EURO championship in Q2/Q3. In detail:
Sales came in at € 11.7m (-12% yoy, 1% qoq), slightly above our estimates
of &e [ … ]
Wed, 15.05.2024
INDUS Holding AG
Mixed Q1 results // strong FCF generation; chg. est.
Topic: INDUS reported a mixed Q1 with sales below but EBIT above estimates
as well as strong free cashflow supported by a lower seasonal working
capital increase.
Q1 sales decreased by 9% yoy to € 410m (eNuW: € 434m) due to customers’
current reluctance to buy and spend as a [ … ]
