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Stock market news: In short news style a la Twitter/X. Everything that is relevant - at a glance. The entry page for the informed investor. Compact, worth knowing and always up to date. Directly from the IR departments of the companies.
DE000A1MME74
Tue, 17.09.2024
Netfonds AG
PRESS RELEASE
Strong result and first-time publication of a balance sheet for the first half of 2024
● Final result underlines successful first half of 2024
● Assets at new record level
● Growth in the wealth management segment
● Further acquisitions increase future earning powerHamburg, 17 September 2024 - Netfonds AG (ISIN: DE000A1MME [ … ]
Wed, 28.08.2024
Netfonds AG
PRESS RELEASEAnnual General Meeting of Netfonds AG with high shareholder approvalHamburg, 28 August 2024 - Netfonds AG (ISIN: DE000A1MME74), a leading platform for administration, consulting and regulation for the financial industry, held its Annual General Meeting in Hamburg yesterday. Of the company's share capital, 58.32 per cent of all no-par v [ … ]
Tue, 13.08.2024
Netfonds AG
Company Name:
Netfonds AG
ISIN:
DE000A1MME74
Reason for the research:
Update
Recommendation:
BUY
from:
13.08.2024
Target price:
EUR 74.00
Last rating change:
Analyst:
Frederik Jarchow
AuA and AuM hit new all-time highTopic: With 26.2bn assets under administration (AuA) and € 3.3bn assets under management (AuM), Netfonds re [ … ]
Mon, 11.03.2024
Netfonds AG
Netfonds beat expectations // Strong FY23 prelims; chg
Netfonds reported strong FY23 prelims beating our expectations. Further,
the company provided a new guidance for FY24 that remained rather vague for
the moment. In detail:
Gross sales came in at € 197m (+12% yoy), clearly above our estimate of €
191m. Key driver were the busines [ … ]
Tue, 05.03.2024
Netfonds AG
PRESS RELEASE
Preliminary group result for the 2023 financial year
Dynamic growth and record sales of EUR 197 million
Gross consolidated sales: EUR 197.0 million (previous year: EUR 176.4 million, +11.7%)
Net consolidated sales: EUR 37.0 million (previous year: EUR 33.6 million, +10.1%)
EBITDA: EUR 6.2 million (previous year: EUR 6.5 million, [ … ]
Fri, 09.02.2024
Netfonds AG
Favorable trends to materialize in 2024
Netfonds should strongly benefit from several favorable macroeconomic and
structural trends in 2024:
Strong dollar and equity capital markets close to all-time highs. With c. €
23.2bn AuC in FY23e (eNuW), Netfonds topline is obviously correlated to the
overall capital markets development. The recen [ … ]
Fri, 19.01.2024
Netfonds AG
Strategic acquisition to improve profitability; chg
Yesterday, Netfonds announced to have acquired a majority stake in “Meine
Finanzkanzlei GmbH” (“MFK”) through its fully owned subsidiary NVS Netfonds
Versicherungsservice AG. In detail:
We assume that Netfonds has acquired a stake of 65-85% (eNuW) at a low to
mid, sin [ … ]
Thu, 18.01.2024
Netfonds AG
PRESS RELEASE
Strategic acquisition to further develop the insurance division and strengthen profitability
Hamburg, 18. January 2024 - Netfonds (ISIN: DE000A1MME74) strengthens its insurance division by acquiring a majority stake in Meine Finanzkanzlei GmbH (MFK), Lengerich.
Netfonds acquired the strategic majority stake through its fully owned sub [ … ]
Mon, 04.12.2023
Netfonds AG
FY23 guidance in reach after solid Q3 figures; chg
Netfonds published solid Q3 figures with further sequential top and bottom
line growth and confirmed its FY23 guidance. In detail:
Gross sales came in at € 48.4m (21% yoy, 4% qoq), broadly in line with our
estimate of € 49.0m. The sequential improvement is mainly driven by the
stron [ … ]
Thu, 30.11.2023
Netfonds AG
PRESS RELEASESignificant growth momentum in the third quarter
Accelerated growth in the third quarter of 2023
Strong business performance across all business divisions
Scaling of the finfire platform is progressing successfully
Hamburg, November 30, 2023 - Netfonds AG (ISIN: DE000A1MME74), a leading platform for administration, advisory and regul [ … ]