The company reported figures for 2025 yesterday. My key takeaways:

Prada brand growth in 2025

The core brand Prada recorded a slight decline in retail sales in 2025 of -1 %.

Miu growth in 2025

Miu was once again the Group's growth driver and increased organic sales in 2025 by an impressive 35 %.

Miu Miu growth in 2026

After the extreme growth of previous years, the management is forecasting a normalization in the single-digit single-digit percentage range.

More than solid for the current market environment, but no longer as impressive as in the last 3 years.

Versace turnaround

Versace is deliberately "shrinking back to health", which is reflected in a planned decline in sales for 2026 and a currently negative EBIT currently negative. This is a long-term turnaround!

China recovery

Sales rose by 10 % after several years of negative growth. A good sign, especially in view of the fact that other luxury companies here are still struggling with declining sales!

Influence of the currency effect

Negative exchange rate effects caused sales growth to fall from 9% to 5%!

Guidance and market outlook

The Group has refrained from issuing specific guidance for 2026 and is sticking to its target of achieving growth above the market average of the luxury sector.

Here are the results of the last quarter in relation to the "industry standard" LVMH.

Above: Prada $1913 (+1,23 %)

Below: LVMH $MC (-0,47 %)

Q1 2024

~€1.25 billion (+17%*)

20.7 billion € (+3%*)

Q2 2024

~€1.30 billion (+17%*)

21.0 billion € (+1%*)

Q3 2024

~€1.35 billion (+18%*)

~€20.5 billion (-3%*)

Q4 2024

~€1.50 billion (+18%*)

~€22.5 billion (0%*)

Q1 2025

~€1.35 billion (+9%*)

20.3 billion € (-2%*)

Q2 2025

~€1.40 billion (+9%*)

19.5 billion € (-6%*)

Q3 2025

~€1.35 billion (+9%*)

18.3 billion € (-3%*)

Q4 2025

~€1.60 billion (+10%*)

22.7 billion € (+1%*)

So we see: Prada is doing well!

What the company lacks is LVMH's PR

You can find out more about this in a more detailed comparison of key figures on my profile :)

Thanks for reading. As always, factual feedback is welcome!

When you talk about quality companies with structural growth, it's hard to avoid LVMH. For me, the Group is basically something like an actively managed ETF in the global luxury segment - only with real entrepreneurial leadership and a remarkable dividend history.

What makes LVMH special is the breadth of its portfolio. We're not talking about a single fashion brand here, but a diversified empire of fashion, leather goods, watches, jewelry, perfume, cosmetics and spirits.

The portfolio includes, among others:

• Louis Vuitton
  $MC (-0,47 %)
• 
  Dior
  $CDI (-1,34 %)

- Fendi

• Tiffany & Co.
• 
  Moët & Chandon
• 
  Hennessy

These brands have one thing in common: extreme pricing power. Anyone who believes that luxury is cyclical like normal retail is overlooking the crucial point - real luxury goods are status assets. And status rarely loses value, even if the economy fluctuates.

Structural growth instead of short-term hype

Prosperity in Asia continues to grow. The global upper-middle class is expanding. At the same time, luxury is becoming increasingly digital and global. LVMH is investing heavily in its own stores, brand staging and vertical integration - from production to the point of sale.

The result:

• High margins
• Strong cash flows
• Solid balance sheet
• Reliable dividend policy

And this in a business that has built up brand value over decades, which cannot simply be copied.

Dividend with substance

LVMH is not a high-yield stock, but the combination of growth and continuously rising dividends makes the share attractive in the long term. This is not a speculative story investment, but a global market leader with real substance.

Why I see it as a "luxury ETF"

Instead of valuing individual fashion brands or betting on trends, LVMH bundles numerous icons under one roof. Diversification within a premium segment - steered by a management that has proven for decades how to scale brands without diluting them.

For investors who:

• are looking for quality instead of a turnaround
• value global brand strength
• believe in rising prosperity
• like dividend growth

... LVMH is at least worth a closer look.

Not cheap, but quality has never been discounted.

$MC (-0,47 %)
$LVMH
$LVMUY (-0,71 %)
$CDI (-1,34 %)
$RMS (-1,97 %)
$1913 (+1,23 %)
$MONC (+1,32 %)

$KSPI (+8,03 %)
$NCLH (-3,58 %)
$STNE (+1,4 %)
$BEI (-1,78 %)
$SE (-2,19 %)
$ONON (+1,42 %)
$TGT (+1,85 %)
$GTLB (+0,82 %)
$CRWD (+2,87 %)
$BAYN (+1,18 %)
$WIX (+10,33 %)
$ADS (-0,65 %)
$AVGO (-1,79 %)
$DHL (-0,1 %)
$R3NK (+0,58 %)
$JD (-0,84 %)
$BILI (-0,7 %)
$1913 (+1,23 %)
$MRK (-0,51 %)
$MRVL (+8,68 %)
$GPS (+0,3 %)
$COST (-0,41 %)
$IOT
$LHA (-2,38 %)

Everyone perceives risks individually. Everyone tries to independently assess the risk of a share or the current economic situation on the stock market.

In portfolio theory, risk is primarily measured using the standard deviation. In simple terms, this is the extent to which a share price moves. If this movement is correlated with the "market", this results in a beta. If this is < 1 bedeutet das, dass der Kurs einer Aktie geringer als der Markt schwankt. > 1, the result is a disproportionate fluctuation. The "market" is an elastic term. For example, an MSCI World, S&P 500 or the DAX can be used as a reference. The result is different betas depending on the index. However, I do not want to go into this topic any further at this point.

Why beta is not relevant for me

• Price fluctuations are not a problem in my current life situation (24 years old; student).
• Every share that grows faster than the market has a beta > 1. As my portfolio is set to grow, a high beta is desirable.

Diversification as a risk?

I often see portfolios with 30+ companies on Getquin. The aim behind this is to minimize risk. In my view, however, what gets lost in the process is the overview - or leisure time, because every share in the portfolio should be tracked and scrutinized.

I have therefore opted for a clearly structured portfolio. There are currently 11 companies (but the number is not set in stone). There are two reasons for this:

I want to know and follow each company in my portfolio well

The impact of a price increase should be significant

My strategy for less drawdown despite fewer shares

• Cover as many sectors as possible
• Consider regional sales distribution
• Know a company as well as possible

Why these companies?

• Heidelberg Materials $HEI (-1,4 %). Local monopolies with strong pricing power
• Medpace$MEDP (+1,38 %). Enabler of small research/pharma teams. Enables research outside of Big Pharma
• Hims and Hers$HIMS (+7,77 %). Generics seller with "cool brand". Enables better margins in the long term.
• MercadoLibre $MELI (+0,65 %). The Amazon and bank of Latin America. To benefit from the rise of emerging markets.
• Meta Platforms$META (-2,78 %). Monopoly in communication/social media.
• Prada$1913 (+1,23 %). One of the few luxury companies that is constantly growing (and not highly valued). More on this in my last post.
• BATS$BATS (+0,79 %). Non-cyclical business model. Bought at the time due to significant undervaluation. Now I hold the share to stabilize the portfolio somewhat.
• Sanlorenzo$SL (-2,27 %). Yacht manufacturer and thus part of the luxury sector, which I find attractive due to its high margin and low cyclicality.
• Solaria $SLR (+1,94 %). My conservative bet on rising energy demand through AI.
• Metaplanet $3350 (-4,8 %). Bitcoin gamble with play money.

My criteria for buying shares

Basically, I hardly set myself any limits when investing. I like to invest in shares that are rather unpopular at the time of purchase. The sector doesn't matter, although I prefer high-margin business models.

I like to buy cheap - high P/E ratios put me off (even if FOMO sometimes kicks in). I don't feel comfortable with it because of the potential drop.

Wow. Thank you for reading this!

Now that you know my strategy, I would really appreciate some stock tips tips, that could fit my strategy.

By the way, can you see the portfolio? Because it's my own post I can't check it👀

While all about $MC (-0,47 %) and $RMS (-1,97 %) one share is flying under the radar of many investors: Prada $1913 (+1,23 %) . Thanks to Miu Miu, the company is growing despite the recessionary environment. In recent years, it has achieved 17 % sales growth per year - the best figure in the industry.

Basics about Prada

The Italian fashion group is listed in Hong Kong - which could also be a reason for its favorable valuation. In addition to Miu Miu and Prada, the company also owns other brands. However, these are not relevant for sales. Prada currently accounts for 67% of sales and Miu Miu for a further 32%.

Most of the items are produced in Italy. A small proportion is produced by "selected producers" - a paraphrase for production in low-wage countries such as China. This is the first potential risk for Prada. Made in Italy is probably the most important figurehead, together with the brand history.

The rise of Miu Miu

The brand is the reason for Prada's strong growth. It originates from Prada itself and has been experiencing a sustained boom for years. While it still accounted for 15% of sales in 2018, it now accounts for 32% - and the trend continues to rise. The larger the share of total sales, the greater the impact of Miu Miu's growth on the Group as a whole.

The combination of Prada and Miu Miu is exciting, as Prada can focus on classic and timeless fashion, while Miu Miu is more in tune with the times. The clear demarcation ensures that each brand can remain true to its target group.

This clear brand identity is important for the long-term relevance of a brand. Gucci and Louis Vuitton have been less loyal to their core customers in recent years and have sacrificed long-term brand identity for short-term growth.

Additional growth through the Versace takeover

Even though the management ruled out becoming a fashion holding company similar to LVMH some time ago, Prada took over the Italian fashion label Versace from Capri Holdings this year. $CPRI (+1,63 %) The Versace takeover is to be completed by the end of 2025. Prada paid 1.25 billion euros for the struggling luxury company. The expected Versace turnover for 2025 was 810 million euros. The favorable purchase price is due to the fact that Versace is not profitable and its turnover shrank by around 20% in the previous year.

Versace has become too mainstream in recent years and, like Gucci (part of: $KER (-2,16 %) ), has lost its core clientele. Prada now has the task of returning the company to its roots. In the valuation, I therefore assume that Versace will be slimmed down by 20%. More on this in a moment. Versace is a bargain overall - but only if Prada manages to bring Versace back to its roots.

Competition

In order to better assess the current valuation multiple, I have compared Prada with its most important competitors.

It is immediately apparent that the EBIT margin of 24% is significantly lower than that of Hermès or $MONC (+1,32 %) . This justifies a certain valuation discount - but However, with an EV/EBITDA of 10, Prada is worth around two thirds of Hermès. The multiples are also falling further due to the strong growth.

Prada is currently valued similarly to LVMH, but the valuation is falling much faster. There is also a 3.1% dividend yield. The debt is conservative at 1.25 net debt/EBITDA.

Valuation

The Prada brand is growing organically only slightly. Future growth depends heavily on Miu Miu. I have created a multiple valuation model to better estimate the influence of Miu Miu and Versace.

My assumptions:

• Miu Miu's growth is leveling off. Growth is expected to fall to 8% per year by 2029.
• The other brands will grow organically by 2% in line with inflation.
• Profitability will decrease due to Versace, but will recover within the next five years.
• Versace sales decline by 20% due to efficiency measures and artificial scarcity.

I am also of the opinion that the valuation multiple is currently too low. is currently too low. The industry is in crisis and is punishing Prada as well. In addition, the EBIT margin is currently lower. I have therefore created a conservative estimate with a constant multiple and a (for me) realistic model with a multiple increase from 11 to 14.

With multiple increase

Without multiple increase

Even without the increase in the multiple, Prada currently looks attractive. The expected return together with the products make Prada the best luxury stock in my eyes!

Note: The article contains my personal opinion and is not investment advice! The share is in my personal portfolio.

ps: this is my first post. Leave some love or constructive feedback there😘

15% dip after solid earnings completely unreasonable

1.brief overview

2.luxury market

3.introduction

3.Prada

4.Miu Miu

5. versace

6. holding structure

7.Valuation

8.Competition (peers)

9.opportunities - risks

10.conclusion

Brief overview

Market capitalization: 14 billion euros

P/E ratio: 17/15

Annualized return: 11% p.a.

Analyst rating: Buy

Luxury market

The luxury market is currently going through a difficult phase: many companies are experiencing stagnating sales and declining profits. The sector still seems to be far from bottoming out. This makes it all the more exciting to see which companies are performing well despite this tense market environment. In addition to Hermès and Ferrari, another luxury company stands out. Prada. The company recently reported double-digit growth. The Prada Group is also not affected by customs duties due to its small presence in the USA. In addition, the luxury sector as a whole is expected to provide a tailwind in the long term with annual volume growth of 4%. A closer look therefore seems to make sense.

Introduction

The Prada Group $1913 (+1,23 %) is an Italian luxury fashion company. Prada was originally founded in 1913 by Mario Prada as a leather bag manufacturer in Milan and has since expanded into more and more business areas and countries. Over the years, other brands have been founded and acquired in addition to the Prada brand, including Miu Miu in 1993 and most recently the announced purchase of Versace. Prada Group operates a total of 609 of its own stores, 35% of which are in Asia, followed by Europe with around 32%. The fashion company also has 26 production facilities, 21 of which are located in Italy. The CEO is Andrea Guerra, a former employee of competitor LVMH. Most of the company's turnover of 5.42 billion euros (+15%) is generated through retail sales. The profit margin was 15% in the same year.

Prada

The Prada brand is the most relevant for the company, accounting for 68% of total sales in the first quarter. From dresses to scented candles, there is a wide range of accessories and clothing. The fashion label operates 425 of its own stores and 17 franchises. In the last financial year, Prada increased its turnover by 3.8%. In the first quarter of 2025, however, sales remained constant. A major growth story is therefore not to be expected here. Nevertheless, Prada remains an icon of the fashion industry and a flagship for luxury clothing. Mid-single-digit growth is certainly feasible in the future.

Miu Miu

"Designed as the playful counterpart to Prada, Miuccia Prada used the brand as a creative playground, a space to contrast the minimalist, refined aesthetic of Prada with something more rebellious and free-spirited."

Miu Miu was launched by Miuccia Prada in 1993 and, with 147 stores worldwide, is no longer overshadowed by Prada. The impressive explosive growth in sales began in 2023 with 58% and continued with a further acceleration in the following year. The fashion appeals to young women in particular. Miu Miu stands out from the crowd with extravagant designs. This was fueled by TikTok trends, which increased the brand's popularity worldwide. This enormous popularity is also reflected in the figures: 86% sales growth in 2024 and 12 million followers on Instagram. Despite a slowdown in growth, most recently to 60% in the first quarter of 2025, the potential remains huge.

Furthermore, the rise of Miu Miu does not mean declining margins for the parent company. Although Prada Group does not have the specific margins of Miu Miu, the fact that profits have been rising disproportionately to sales for 4 years means that Miu Miu is probably even slightly more profitable than Prada itself. Miu Miu will therefore become increasingly important for the Prada Group. In 2023, the share of sales was still relatively low at 15%. At the beginning of this year, it was already at 31% and will increase further because the Prada brand is not growing strongly. In the long term, however, Miu Miu's sales growth is likely to level off at between 10-20%. Are there already plans to change the name to Miu Miu Group?

Versace

On April 10, 2025, Prada Group announced that it would acquire Versace, another Italian company, for an enterprise value of 1.25 billion euros. As Versace aims to achieve a turnover of 810 million this year, I think this is a relatively favorable deal. Ultimately, however, it remains a bet on increasing profitability, as Versace has a negative single-digit EBIT margin. Despite everything, the brand will account for around 13% of total sales in future, so I wouldn't attach that much importance to this acquisition. The share price did not react on the day of the announcement.

Holding structure

Prada Holding has almost complete control over the family business with an 80% stake. Miuccia Prada (granddaughter of founder Mario Prada and creative director of Miu Miu) and her husband Patrizio Bertelli (ex-CEO of Prada) are behind the holding company. The remaining shares are in free float. The shares are listed on the Hong Kong Stock Exchange. The number of shares remains constant at 2.56 billion outstanding shares.

Disclaimer

This is not investment advice. These are personal assessments that cannot replace professional advice. If you don't want to miss any further stock analyses from me, please subscribe to my free sub-subscription (link in profile).

Opportunities/risks

Miu Miu is both an opportunity and a risk. On the one hand, if Miu Miu can consolidate its popularity, it will replace Prada as the main source of sales and provide investors with many years of high single-digit profit growth. On the other hand, Kering shows what mismanagement can cause. Gucci is now shrinking for the third year in a row and there is no end in sight. The share price has fallen 77% from its high. However, the takeover of Versace means that Prada Group is continuing to diversify and its dependence on a single brand is decreasing.

Conclusion

Miu Miu's performance should be watched for future quarterly figures. If growth settles between 10 and 20 % in the long term, the share will remain interesting. Caution should be exercised if Miu Miu's figures show that the brand was just a hype that will disappear as quickly as it came.

(I am invested)

First of all: I don't want to talk down anyone's investments here. Everyone has their own strategy - that is important and right. Nevertheless, I am sharing my personal assessment of luxury stocks such as LVMH, Christian Dior, Moncler, Prada, etc.

In the years 2020 to 2023 - during and after the pandemic - the luxury sector experienced a real boom. Restrictions in everyday life, no restaurant visits, canceled vacations - many people suddenly had more money in their bank accounts that they actually wanted to spend. And what happened? The luxury companies' marketing machines were running at full speed. Influencers, FOMO, exclusivity - luxury became the new must-have.

T-shirts that might cost 1 dollar to produce were sold for 500-1000 dollars. Bags without a logo were suddenly considered worthless. And champagne only Moët, please - nothing else. You either belonged - or you didn't. Clever hype, without question. The companies were delighted. Record sales, new stores, more staff.

But now? Inflation, price rises, economic headwinds. Official inflation may be 0.3-0.4 % - in reality, we are all feeling something completely different. Housing, food, travel - everything is becoming significantly more expensive. And this is having an impact: the middle class, which helped fuel the luxury boom, is slowly returning to its senses. A Gucci shirt for 1000 dollars? No longer bought. Many items end up on platforms second-hand at a 90% discount - in the hope of getting at least a fraction of the money back.

Of course, there is always a small target group that can and wants to afford real luxury - no question about it. But the mass hype? Over in my opinion. Similar to watches, Pokémon cards, expensive wine & whiskey - it was a trend. And trends pass.

The current economic and geopolitical outlook does not exactly point to a new boom in this sector. There is also a growing awareness: Paying $1,000 for a shirt that's already crumbling after seven washes doesn't exactly seem like a smart decision to many, looking back.

I don't want to make a blanket statement here: "Luxury is bad" - on the contrary, I love beautiful things just as much. But for me, it's not an investment, it's a desire, a pleasure - like a nice car or a good watch.

Conclusion: The current weakness of LVMH & Co. comes as no surprise to me. It will be interesting to see what happens next. But my capital is flowing into other sectors for the time being.

$MC (-0,47 %)
$MONC (+1,32 %)
$1913 (+1,23 %)
$BOSS (+0,35 %)
$RMS (-1,97 %)
$CDI (-1,34 %)
#luxus
#luxusmarken

Prada $1913 (+1,23 %) wants to take over Versace for 1.5 billion . euros: The billion-euro takeover is about to be finalized. Talks between Prada and Versace are already in full swing after an initial comprehensive audit revealed no risks. However, it is possible that both the timing and the value of the deal could still change. Failure of the negotiations cannot be ruled out either. Versace is under the umbrella of the parent company Capri Holdings, which also includes the luxury brands Michael Kors and Jimmy Choo. With the presentation of Versace in the shop window, Capri Holdings is clearly signaling its interest in this iconic brand, which occupies a prominent place in the fashion world.

Meanwhile, Chinese factories are seeing orders coming in as a result of pressure from tariff measures. In February, manufacturers in China reported a surge in orders as importers sought to circumvent the higher tariffs imposed by President Donald Trump. This unexpectedly positive news comes at a time when China's leaders are gathering in Beijing for the annual meeting of the National People's Congress. Lawmakers are expected to support the policies and priorities set out by the ruling Communist Party. This may bring fresh aid to the economy, which is currently heading for growth below 5%. The introduction of an additional 10% tariff on imports from China highlights the uncertainty surrounding the future of the world's second largest economy. Premier Li Qiang will present a work report on Wednesday, which traditionally includes the annual growth target and other important economic updates.

Sources:

https://www.manager-magazin.de/unternehmen/handel/prada-will-versace-kaufen-milliardenschwere-uebernahme-steht-kurz-bevor-a-0ffaff98-84e9-40f6-a767-974d54b9de3d

https://finance.yahoo.com/news/chinese-factories-see-improved-orders-055439906.html

As every Sunday, the most important news of the last week, as well as the three most important dates of the coming week.

Also as a video:

https://youtube.com/shorts/uFwVbCNGMd4?si=R4ReCZQl2ud6wUW-

Monday:

$9868 (-1,82 %) Xpeng and $VOW3 (-1,71 %) VW deepen their partnership in China 🇨🇳. Among other things, they are opening up their fast-charging networks to each other. New charging stations are also to be built jointly. VW holds a 5% stake in Xpeng.

https://www.handelsblatt.com/unternehmen/industrie/autobauer-xpeng-und-volkswagen-erweitern-ihre-partnerschaft-in-china/100098791.html

$BOSS (+0,35 %) Hugo Boss wants to further strengthen the brand and has brought brand expert James Foster on board for this purpose. Foster was most recently head of marketing at Netflix in EMEA and worked at IKEA and Adidas.

https://www.absatzwirtschaft.de/neuer-globaler-marketingchef-bei-hugo-boss-265528/

Inflation is clearly above expectations and is therefore depressing sentiment for the time being. In December, inflation stood at 2.6% Economists had expected 2.4%. The inflation rate is also likely to remain well above the 2.0% target in January. This is due to higher CO2 prices and a more expensive ticket to Germany.

https://www.handelsblatt.com/finanzen/geldpolitik/inflation-teuerungsrate-steigt-in-deutschland-auf-26-prozent/100098327.html

The USA 🇺🇸 puts Tencent on a list of companies that allegedly support the Chinese military. The share loses significantly.

https://de.marketscreener.com/kurs/index/DOW-JONES-INDUSTRIAL-4945/news/USA-fugen-Tencent-und-CATL-der-Liste-chinesischer-Firmen-hinzu-die-angeblich-Pekings-Militar-unte-48689565/

Tuesday:

A cooperation between $NVDA (+0,06 %) NVIDIA, $KGX (-2,61 %) Kion and $ACN (-0,87 %) Accenture to optimize supply chains causes Kion shares to rise significantly. Kion and Accenture are relying on AI from NVIDIA for optimization.

https://www.ariva.de/amp/ki-anwendungen-kion-arbeitet-mit-nvidia-zusammen-11493206

Wednesday:

$TMV (-3,57 %) Teamviewer announces via ad hoc that it has exceeded its forecast for the year. Turnover increased by 9% in 2024. In total, it will probably be 671 million euros. The forecast was 662 - 668 million euros. This was mainly due to new billings and significant contracts signed with major customers.

https://www.boerse.de/nachrichten/EQS-Adhoc-TeamViewer-SE-TeamViewer-erzielt-Jahresumsatz-2024-von-ca-671-Mio-EUR-9-Prozent-waehrungsber-ggue-VJ-und-uebertrifft-Prognose-ausschlaggebend-waren-hoehere-Billings-von-ca-700-Mio-EUR-im/36874269

Retail sales have been growing again for 2 years. In real terms, however, the level is still below that of 2021. Compared to the previous month, sales have fallen more sharply than expected. However, the overall consumer mood among Germans is on the rise. The GfK consumer barometer climbed by 1.8 points to -21.3 points.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/handel-deutsche-einzelhaendler-steigern-umsatz-im-jahr-2024/100099305.html

Donald Trump is calling for more military spending and also wants to annex three countries - Canada, Panama and Greenland. This is not only highly dangerous rhetoric, but above all in the interests of Russia and China, who are planning to do the same with Ukraine and Taiwan. If Trump follows up his words with action, this would put the 'ambitions' of China and Russia into perspective

Thursday:

The Chinese fast clothing delivery service Shein probably wants to go public in the first half of the year. The IPO is planned for London. Shein is headquartered in Singapore.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/shein-billigmode-haendler-plant-boersengang-wohl-im-ersten-halbjahr/100099587.html

Friday:

$1913 (+1,23 %) Prada is probably planning to take over the Italian fashion house Versace. Versace is currently part of the Capri holding company. A sale of the entire holding company for 8.5 billion euros has failed. Individual brands such as Versace and Jimmy Choo are now up for sale.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/luxusmarken-prada-an-uebernahme-von-versace-interessiert/100099688.html

The labor market report from the USA is significantly better than expected. This could lead to the Fed lowering interest rates more slowly than previously assumed. The unemployment rate fell to 4.1%, expected: 4.2%. A total of 256,000 new jobs were created, compared to an expected 155,000.

https://www.handelsblatt.com/politik/international/konjunktur-us-arbeitsmarktbericht-faellt-ueberraschend-gut-aus/100099726.html

$NLM (+0,97 %) Frosta exceeded the profit forecast. As expected, turnover amounted to 638.1 million euros. Profit rose to 42.1 million euros and was thus significantly higher than in the previous year (34.1 million euros). The profit margin was also above expectations at 6.6%.

https://www.4investors.de/nachrichten/amp/boerse.php?sektion=stock&ID=181168

These are the most important dates for the coming week:

🇺🇸

Tuesday: 14:30 Producer prices (USA)

Wednesday: 14:30 Inflation data (USA)

Friday: 15:15 Industrial production (USA)

Can you think of any other dates? Write it in the comments 👇

#termine
#inflation
#industrie
#usa