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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, 28.02.2024
beaconsmind AG
Strong order intake to start the year; chg.
Topic: beaconsmind announced three major contract extensions, two of which
in the CloudWiFi hotspot segment, proving the strength of the groups newly
aligned product portfolio. In detail:
The company extended its collaboration with nursing homes operator Vitanas,
where beaconsmind will implement com [ … ]
Wed, 28.02.2024
CLIQ Digital AG
Solid FY figures & sizable share buyback; est. & PT chg.
Topic: CLIQ reported final FY23 figures on Thursday (update on prelims from
Feb. 5th) and announced a € 13m share repurchase program. Here are our key
takeaways:
Strong bundled content share boosts higher-LTV customer base. At 94% of
FY23 total revenues (88% in FY22), bundl [ … ]
Wed, 28.02.2024
Rubean AG
Major cooperation with Commerz Globalpay; chg.
Topic: Yesterday, Rubean announced to have won the Global Payment tender
for Germany, which is basically the tender for the recently announced joint
venture between Commerzbank and Global Payments (“Commerz Globalpay”). In
detail:
Earlier this year, Commerzbank announced to have enter [ … ]
Mon, 26.02.2024
Borussia Dortmund GmbH & Co KGaA
Strong Q2: A beat on all lines / chg. est.
Borussia Dortmund released Q2 prelims, which came in significantly ahead of
our estimates. In detail:
Q2 sales increased by 32.7% yoy, to € 154m (eNuW: € 131m), which was mainly
driven by a steep increase in revenues from TV-marketing (+43% yoy to €
71.5m) as well as match Operations ( [ … ]
Fri, 23.02.2024
SMARTBROKER Holding AG
Mixed FY23 prelims // transition year ahead; chg
Topic: Yesterday, Smartbroker Holding reported FY23 prelims that came in as
a mixed bag as well as a conservative outlook into FY24 that is underlined
by soft monthly trading stats. In detail:
FY23 sales of € 46.3m (-12% yoy) are 8% below our estimates of € 50.4m,
driven by both, weak [ … ]
Thu, 22.02.2024
INDUS Holding AG
Solid FY23 prelims // focus on strong FCF & share buyback; chg.
Topic: While prelim. FY23 sales and EBIT came in largely as expected, the
strong FCF generation of € 190m is well above expectations. On top, INDUS
announced a 4.1% share buyback at € 23.
Preliminary FY23 sales remained stable yoy at € 1.80bn (eNuW: € 1.82 [ … ]
Wed, 21.02.2024
Nynomic AG
Strong Q4 expected // 2024 to be marked by significant growth
Topic: Nynomic should report strong Q4 prelims. More importantly, FY24e
should be marked by strong sales growth and further margin improvements as
well as additional (potentially larger) acquisitions.
Q4 sales are seen to come in at € 37.6m (+14% yoy; FY23e sales +4% yoy)
than [ … ]
Tue, 20.02.2024
Flughafen Wien AG
Taking off well into the year; chg. ests.
Topic: FWAG released January traffic results last week, which came in
better than expected. Moreover, the Athens International Airport IPO gives
a read across for FWAG's valuation.
Strong start into the year: In January, the group started strongly into the
year with double digit passenger growth of 12 [ … ]
Tue, 20.02.2024
NFON AG
Recent weakness should be a clear BUYing opp.
In our view, the recent share price weakness (-23% YTD) is highly
unjustified and should rather offer an attractive entry point as we advise
investors to BUY the dip. Here is why:
Operational turnaround in full swing. As outlined in our recently published
long-note (click here), things took a turn [ … ]
Tue, 20.02.2024
Cloudberry Clean Energy ASA
Strong year end burdened by one-offs
Topic: Cloudberry released its preliminary Q4’23 figures with the annual
report expected to follow on March 20th. The operationally strong Q4
results were burdened by a NOK 57m one-off effect related to a complete
write down of its 100 MW shallow water wind project Steenkalles in
cooperation with Hafsl [ … ]