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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, 10.04.2024
Rubean AG
Topic: Last week, Rubean announced to have quintuples its turnover in Q1´24
against Q1´23. Further,
Rubean signed a contract with SEUR and reduced its cost base by 10% yoy. In
detail:
Turnover increased by 500% yoy to € 493k in Q1, partially due to roll-out
of Rubean´s software to new, large customers, acquired already la [ … ]
Wed, 10.04.2024
Multitude SE
FY23 final figures in line // Strong FY24 ahead; chg.
Multitude recently reported final figures for FY23 that were in line with
prelims. Management also confirmed its FY24 EBIT guidance of € 67.5m. In
detail:
Sales came in at € 230.5m (+9% yoy vs eNuW old: 228m), driven by the strong
growth of the net loan book (NAR) to € 636m [ … ]
Wed, 10.04.2024
VOQUZ Labs AG
Strong momentum as S/4HANA effect should become visible
We hosted a digital roadshow with VOQUZ Labs CEO Martin Kögel, which
provided valuable insights into the investment case. Here are the
takeaways:
Current trading remains on a strong level after we already saw a pick-up in
demand in H2 ’23 (+14% sales vs +3% in H1) as Mr. K&oum [ … ]
Wed, 10.04.2024
ZEAL Network SE
Games business – a second EBITDA accelerator?
Following recent additions to the Games portfolio, we take this opportunity
for another deep dive into the new Games business, highlighting the
favourable business metrics and showing its enormous potential for ZEAL,
once scaled. Here’s our take:
User metrics exceed those of lottery by [ … ]
Tue, 09.04.2024
Singulus Technologies AG
Uninspiring FY23 results, positive outlook for FY24e; chg. est.
Topic: Singulus reported uninspiring FY23 figures with top- and bottom-line
below the company’s guidance and our estimates. More importantly, FY24
could feature significant sales and EBIT growth.
FY23 sales decreased 17% yoy to € 73m (eNuW: € 77m), missing the in [ … ]
Tue, 09.04.2024
Einhell Germany AG
Gradual recovery underway // better FY'24 outlook; chg.
After Einhell indicated that it will not be able to achieve its adjusted
FY'23 guidance of € 1.0bn in revenues, FY sales are now expected to come in
at c. € 972m (eNuW: € 991m), implying weaker-thanexpected Q4'23 sales (5%
yoy), largely due to muted consumer sentiment and un [ … ]
Mon, 08.04.2024
Rosenbauer International AG
Solid FY23 figures // successful operating turnaround; chg. est.
Topic: Rosenbauer reported solid FY23 figures with top-line slightly below
and EBIT-margin in line with guidance. The strong demand is unbroken with a
record high order intake and backlog.
FY23 sales came in at € 1.06bn, slightly below the management target of €
1.1bn [ … ]
Mon, 08.04.2024
CR Energy AG
FY ’23 displays strong cash generation and KPIs; chg.
CR Energy released preliminary FY figures, which came in below our
estimates but displayed an improved operating strength of the holding
companies.
FY EBIT came in at € 65m (eNuW: € 80m; eCons: € 73m), which compares to €
75m in FY ’22. The yoy decline can b [ … ]
Thu, 04.04.2024
MPC Energy Solutions
Here comes the sun // Initiate with BUY
MPC Energy Solutions (MPCES) is ready for a virtuous growth cycle: The
integrated IPP owns 144 MW (99 MW proportionate) of PV and CHP assets
(incl. under construction) and has a 336 MW development backlog (225 MW of
mature projects).
The regional focus of MPCES is Latin America and the Caribbean, which [ … ]
Thu, 04.04.2024
MLP
Dry spell's over: Comeback of performance fees; chg. est.
For the first time since Q4 2021, MLP looks set to record performance fees
of € 7m in Q1, as capital markets have developed favourably, pushing FERI's
funds to new high water marks. In detail:
FERI's largest fund, the EquityFlex, surged 11.5% during Q1, outperforming
the benchmark [ … ]