Hello everyone,

I am about to make a major change to my portfolio. I have been planning for years to increase the number of shares I hold from 25 to 30 when I exceed the €70,000 mark. The main reasons for this are to spread the risk across more stocks and to be able to invest in new companies without selling old ones, which is usually the rule for me. Now I've been thinking about what other goal I want to pursue with this expansion in addition to the "big strategic" goals. The result is as follows:

- More focus on Europe; reduction of the USA

- Tend to be more defensive; establishment before fantasy

- AI hype may (but does not have to) be integrated, but must not be the unique selling point of the shares

- Should not change my average dividend yield of approx. 2.2-2.3% significantly upwards or downwards

I picked a total of 50 stocks from my watchlists and looked to see which ones fulfill this requirement and which ones would work for me as a 5-pack. I would then add these to the portfolio over the next six months. The results are as follows:

Siemens $SIE (+0,06 %)

Volkswagen $VOW (+0,22 %)

Continental $CON (+0,19 %)

Hoshizaki $6465 (-0,71 %)

Arteche Lantegi $ART (-2,98 %)

Just missed out:

Interroll $INRN (+1,11 %)

Prysmian $PRY (+4,53 %)

Kemira $KEMIRA (+0,66 %)

S&P Global $SPGI (-3,39 %)

Technoprobe $TPRO (-0,18 %)

Now my question, is the plan solid for you? Would you do anything differently in terms of strategy or stock selection? And what are you currently looking for when buying new shares?

LG DieEnte7

After the short overview of the business figures of $INRN (+1,11 %) now the share presentation

💡 Once again a share presentation and of course from a Swiss company.

Interroll is a leader in products and solutions for material flow in logistics. In short, conveyor belts and sortation systems in airports and large warehouses. Among its 28,000 customers worldwide are companies such as Amazon, Coca-Cola, Coop, Walmart, etc.

The Swiss company is therefore a market leader in an important and growing

market.

💪🏻 Compared to its competitors, Interroll does not have to hide. The company is growing faster and is more profitable than the competition from Switzerland (Kardex) and Japan (Daifuku).

📊 Interroll's balance sheet is also very strong and debt-free.

💸 The Interroll share comes with a dividend yield of just under 1%, so perhaps not the first choice for dividend investors. But watch out: the dividend has increased by over 17% per year on average over the last 5 years and the payout ratio is only 30%.

📈 Valuation:

Currently, the valuation is still slightly above the historical average. In my model, I expect sales growth of around 8% - 9% for the next 6 years with slightly increasing margins. With a P/E of 26 (10y average) in 2028 plus dividends and share buybacks, I expect a return of a good 8% p.a. for the Interroll share.

Did you already know Interroll, do you find the company exciting?

You can find share analyses, my portfolio and much more on my blog. simplemoney.ch

No investment advice or liability from me. It is my personal opinion.

Brief presentation and summary of the annual figures of the Swiss company Interroll.

For me definitely a candidate for the watchlist, the sector is extremely exciting and Interroll is the market leader.

The balance sheet is also really 1A. The only thing that has kept me personally from an investment is the current valuation, which is also above the historical average.

Did you already know the company from Switzerland?