KLOECK & Co Action Forum

Hello everyone,

I am currently trying to optimize my portfolio and possibly also to compromise.

Perhaps you have any suggestions or ideas as to what can be improved

I'm currently saving around €1000 a month in my ETFs and another €600 in equities ( $RWE (+0,3 %) I have newly taken up and $KCO (-2,66 %) no longer saved)

I currently have the following in my savings plan

$ANDR (-1,62 %)

I think Andritz is well positioned for the future, especially for the electrification of all possible processes and also in the H2 area, plus a solid dividend of currently €2.5 per share.

$SBMO (+1,45 %)

As an operator and builder of drilling rigs, they will still have a good market in the future

$KO (+1,1 %)

One of my favorite stocks. A secure market environment with an established brand. They have also been regularly increasing their dividend for around 70 years

$RWE (+0,3 %)

The share has suffered massively recently and has a lot of catch-up potential. In addition, there are investments in renewable energies (mainly in the USA) and a secure business model.

$2020 (-1,77 %)

A rather unknown brand that includes FILA. Here too, I think that the South-East Asian market in particular will become more interesting in the future

$SHEL (-1,61 %)

My last energy company in the savings plan. Of the oil companies, Shell has promising strategies for the future and a very positive development

$AIL

High dividend, moderate share price performance

Quarterly figures for EU companies on 01.08.2024

Hugo Boss +++ DHL +++ Symrise +++ BMW +++ Volkswagen +++ and many more

Heidelberger Druck $HDD (-0,05 %) achieves sales of €403 million (previous year: €544 million), EBITDA (adjusted) of -€9 million (previous year: +€41 million) and a net result of -€42 million (previous year: +€10 million) in the 1st quarter. Forecast confirmed.

HUGO BOSS $BOSS (-3,01 %) achieved sales of €1.015 billion in the second quarter (previous year: €1.026 billion, preliminary figures from July 15: €1.015 billion), EBIT (final) of €70 million (previous year: €121 million, preliminary: €70 million) and net profit of €37 million (previous year: €75 million).

Symrise $SY1 (+1,32 %) achieved sales of €2.57 billion in the first half of the year (previous year: €2.41 billion, analyst forecast: €2.56 billion), EBITDA of €529.8 million (previous year: €446 million, forecast: €526.1 million) and net income of €239.5 million (previous year: €187.5 million, forecast: €251.2 million). Outlook for 2024 confirmed.

BMW $BMW (-3,91 %) achieves Q2 revenues of €36.9 billion (previous year: €37.2 billion, analyst forecast: €37.4 billion), EBIT (Group) of €3.88 billion (previous year: €4.34 billion, forecast: €3.95 billion) and Group net profit of €2.71 billion (previous year: €2.96 billion, forecast: €2.62 billion). Outlook for 2024 confirmed.

Volkswagen (VW) $VOW (-2,5 %) achieved sales of €83.3 billion in the second quarter (previous year: €80.1 billion, forecast: €81.9 billion), an operating profit of €5.46 billion (previous year: €5.60 billion, forecast: €5.38 billion) and earnings after tax of €3.63 billion (previous year: €3.79 billion). In the outlook for 2024, VW confirms the forecast for sales and deliveries.

Klöckner & Co $KCO (-2,66 %) achieved sales of 2.3 million tons in the first half of the year (previous year: 2.1 million tons), EBITDA before material special effects of €83 million (previous year: €130 million) and net income from continuing operations of -€26 million (previous year: €39 million). In the outlook for 2024, the company expects a slight decline in sales compared to the previous year and EBITDA before material special effects of €120 million to €180 million.

DHL $DHL (+0,1 %) achieved revenue of €20.6 billion in the second quarter (previous year: €20.1 billion, analyst forecast: €20.3 billion), EBIT of €1.4 billion (previous year: €1.7 billion, forecast: €1.3 billion) and net profit of €744 million (previous year: €978 million, forecast: €754 million). Outlook for 2024 and EBIT forecast for 2026 confirmed.

Merck KGaA $MRK (-0,26 %) achieves final Q2 sales of €5.35 billion (preliminary: €5.35 billion), final adjusted EBITDA of €1.509 billion (preliminary: €1.509 billion) and final adjusted earnings per share of €2.20 (preliminary: €2.20). Outlook confirmed.

MTU Aero Engines
$MTX (-0,88 %) achieves Q2 revenues (adjusted) of €1.755 billion (previous year: €1.57 billion), EBIT (adjusted) of €193 million (previous year: €242 million, analyst forecast: €223 million) and net profit of €185 million (previous year: €143 million, forecast: €163 million). Margin forecast for 2024 raised to around 13% (previously: more than 12%) Outlook for sales, adjusted EBIT margin and FCF confirmed.

Daimler Truck
$DTG (-4,27 %) achieved order intake of 92,569 vehicles in Q2 (previous year: -5%), revenue of €13.3 billion (previous year: €13.88 billion), EBIT (adjusted) of €1.17 billion (previous year: €1.43 billion) and earnings per share of €0.93 (previous year: €1.11).

Economy on 14.03.2024...

Dax celebrates figures from E.ON and Co. Bitcoin over $73,000 ⤵️

$BTC (+0,41 %)
Bitcoin over 73,000$. Who would have thought it? You always notice how sentiment towards stocks is when they are in the basement. Now you're constantly being asked whether it's still worth getting in. You can see how emotional most people are on the stock market. When it's low, everything always sucks, even though it's sometimes worth buying, and when it's rising, it's the best there is. Why not get in when the price is right? You don't just have to understand this in relation to BTC, but in general.

But why is there only ever talk of BTC? What about $ETH (+0,49 %)
Ethereum. It too has more than doubled in value in recent months. It's important to remember that BTC now has approved spot ETFs and ETH is only just being discussed. I could therefore very well imagine that ETH will outperform BTC at some point in the ongoing bull market (only if the spot ETF really comes, of course). Crypto has now taken up over 50% of my portfolio. However, profits will be left to run until the targets are reached and then the reallocation will take place. It remains very exciting to see what dimensions will be reached here. However, I also think that this will be the last strong bull market in the sector now that the large institutions will dominate it.

Yesterday there were again some figures from Germany and Europe. Let's just take a look at a few of them. The market certainly celebrated them!

$EOAN (-1,03 %)
E.ON achieves sales of €93.68 billion in 2023 (previous year: €115.66 billion), adjusted EBITDA of €9.37 billion (previous year: €8.05 billion, preliminary: €9.4 billion), adjusted EBIT of €6.38 billion (previous year: €5.19 billion), adjusted net profit of €3.06 billion (previous year: €2.7 billion, preliminary: €3.1 billion). For 2023, E.ON is proposing a dividend of €0.53 per share (previous year: €0.51 per share, analyst forecast: €0.53 per share). In its outlook for 2024, E.ON expects EBITDA (adjusted) of €8.8 to €9 billion (forecast: €8.6 billion), an adjusted net profit of €2.8 to €3.0 billion (forecast: €2.7 billion) and investments of €7.2 billion (forecast: €6.5 billion). In the years from 2024 to 2028, E.ON plans to invest €42 billion (forecast: €34.5 billion). For 2028, the Group is forecasting EBITDA (adjusted) of over €11 billion (forecast: €9.8 billion).

$ADS (-1,81 %)
adidas generates 2023 final sales of €21.4 billion (PY: €22.5 billion, preliminary: €21.4 billion), a final operating profit of €268 million (PY: €669 million, preliminary: €268 million) and a net result from continuing operations of -€58 million (PY: €254 million). Adidas proposes an unchanged dividend for 2023 unchanged dividend of €0.70 per share for 2023 (forecast: €0.52). Outlook confirmed, for 2024 further operating profit of around €500m and sales growth (ex FX) in the mid 1-digit percentage range expected.

$ZAL (+1,5 %)
Zalando will achieve a GMV of €14.6 billion in 2023 (previous year: €14.8 billion, forecast: €14.7 billion), sales of €10.1 billion (previous year: €10.34 billion, analyst forecast: €10.2 billion), EBIT (adjusted) of €349.9 million (previous year: €184.6 million, forecast: €280.2 million) and net profit of €83 million (previous year: €16.8 million, forecast: €98.55 million). The company's outlook for the period up to 2028 sees average sales growth of 5% to 10% and and GMV growth of +5% to +10% per year on average. For 2024, Zalando expects GMV growth of 0% to 5% (forecast: €15.3 billion), sales growth of 0% to 5% (forecast: €10.5 billion) and EBIT (adjusted) of €380 to €450 million (forecast: €381.2 million). In 2028, Zalando expects an EBIT margin (adjusted) of 6% to 8%.

$KCO (-2,66 %)
Klöckner achieves sales of €7.0 billion in 2023 (previous year: €8.3 billion, analyst forecast: €7.65 billion), EBITDA (adjusted) of €190 million (previous year: €355 million, company forecast: €170 to €200 million) and a net result of -€190 million. The dividend per share of €0.20 (previous year: €0.40, analyst forecast: €0.15) amounts to. In the outlook for the first quarter, the company expects an increase in adjusted EBITDA of €30 to €70 million compared to the previous quarter. In the outlook for 2024, Klöckner expects a "significant increase" in adjusted EBITDA compared to the previous year.

$FRA (+2,15 %)
Fraport 3.9 million passengers in Frankfurt in February, +12.9% compared to the previous year; -15% compared to February 2019. Cargo Frankfurt at 153,473 metric tons, +4.7% compared to the previous year.

$VOW (-2,5 %)
Volkswagen-Group achieves sales of €322.3 billion in 2023 (previous year: +15.5%), operating profit of €22.6 billion (previous year: +2%) and profit after tax of €17.9 billion (previous year: +13%, €15.8 billion). The dividend for 2023 is expected to amount to €9.06 per preference share.

$MOR
Morphosys generated sales of €238.3 million in 2023 (previous year: €278.3 million) and posted a loss of €189.7 million (previous year: -€151.1 million). Operating result of EUR -252.5 million in 2023 after EUR -220.7 million in the previous year Takeover by $NOVN Novartis expected to continue in the first half of 2024. The process is progressing steadily. Monjuvi sales at 85.0 million euros (previous year 84.9 million).

Economic data for today:

10:30

• DE: ECB Director Elderson, speech at the European Banking Federation Executive Committee meeting

12:00

• EU: ECB Director Schnabel, speech at ECB Money Market Contact Group meeting

13:30

• US: Retail Sales February FORECAST: +0.8% yoy previous: -0.8% yoy Retail Sales ex Motor Vehicles FORECAST: +0.4% yoy previous: -0.6% yoy
• US: Initial jobless claims (week) FORECAST: 218,000 previous: 217,000
• US: Producer Prices February PROGNOSE: +0.3% yoy previous: +0.3% yoy Core rate (excluding food and energy) PROGNOSE: +0.2% yoy previous: +0.5% yoy

15:00

• US: Inventories January FORECAST: +0.2% yoy previous: +0.4% yoy

Quarterly figures / company dates USA / Asia

08:30 Foxconn quarterly figures

21:05 Adobe quarterly figures

Quarterly figures / company dates Europe

07:00 K+S | Lanxess | RWE | Vitesco | Hamborner Reit

07:00 Meyer Burger | Swiss Life Annual results

07:10 Elmos Semiconductor detailed annual results

07:30 Rheinmetall | Hapag-Lloyd annual results

07:30 SAF-Holland

08:00 DFV Deutsche Familienversicherung

08:00 RTL Group

08:00 Verbund AG | Deliveroo

09:00 RTL Group PK

09:30 Lanxess BI-PK

10:00 RWE BI-PK

10:30 K+S BI-PK

13:00 Morphosys telephone press conference

13:00 RWE Analyst Conference

13:30 K+S Analyst Conference

Without time information:

Deutsche Bank | DWS Group | Munich Re | Teamviewer | Bilfinger Annual Report | Schott Pharma AGM

#zinsen
#zinssenkungen
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#ezb
#fed
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#cryptos
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#finanzen
#tipps
#autodesk
#dell
#etf
#etfs
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#morphosys
#zalando
#adobe
#rwe
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Quarterly figures on 03.11.2022...

Feel free to leave a follow, because...⤵️

...at 5,000 followers there will be together with getquin, a small thank you for the community. But this post could already be created tomorrow. I look forward to it! On to today's quarterly numbers. In this post that I post every morning, I had announced what was happening today:

https://app.getquin.com/activity/ydggsOLkpb?lang=de&utm_source=sharing

$SBUX (+2,49 %)
Starbucks:

Beat analyst estimates of $0.73 in the fourth quarter with earnings per share of $0.81. Revenue of $8.4 billion beat expectations of $8.33 billion.

$PYPL (+3 %)
PayPal:

Beats analyst estimates of $0.96 in the third quarter with earnings per share of $1.08. Revenue of $6.85 billion beats expectations of $6.82 billion.

$DBX (-2,25 %)
Dropbox:

Beat analyst estimates of $0.38 in the third quarter with earnings per share of $0.43. Revenue of $591 million exceeded expectations of $586.15 million.

$DASH (+1,74 %)
DoorDash:

Missed analyst estimates of -$0.55 in the third quarter with earnings per share of -$0.77. Revenue of $1.7 billion exceeded expectations of $1.62 billion.

$GPRO (+8,21 %)
GoPro:

Beat analyst estimates of $0.17 in the third quarter with earnings per share of $0.19. Revenue of $305 million exceeded expectations of $298.85 million.

$MSI (+8,83 %)
Motorola Solutions:

Beats third-quarter analyst estimates of $2.88 with earnings per share of $3.00. Revenue of $2.37 billion beats expectations of $2.31 billion.

$HOT (-1,48 %)
Hochtief:

Reached sales of 7.18 billion euros in the third quarter, up from 5.32 billion a year earlier, and earned 115 million euros on the bottom line, up from 99.8 million a year earlier. Order intake on a comparable basis was 6.5 billion (prior year 7.5 billion).

$K (+1,27 %)
Kellogg Co:

Surpassed analysts' estimates of $0.97 in the third quarter with earnings per share of $1.01. Sales of $3.95 billion exceeded expectations of $3.77 billion.

$RCL (+2,93 %)
Royal Caribbean Cruises Ltd:

Beat analyst estimates of $0.19 in the third quarter with earnings per share of $0.26. Revenue of $3 billion exceeded expectations of $2.99 billion.

$UAA (-12,43 %)
Under Armour Inc:

Second-quarter earnings per share of $0.20 beat analyst estimates of $0.10. Revenue of $1.57 billion exceeded expectations of $1.42 billion.

$W (-1,95 %)
Wayfair Inc:

Missed analyst estimates of -$2.05 in the third quarter with earnings per share of -$2.11. Revenue of $2.8 billion below expectations of $2.82 billion.

$PTON (+11,28 %)
Peloton Interactive Inc:

Missed analyst estimates of -$0.64 with first-quarter earnings per share of -$1.20. Revenue of $616.5 million below expectations of $637.07 million.

$DDOG (-2,68 %)
Datadog Inc:

Third-quarter earnings per share of $0.23 beat analyst estimates of $0.16. Revenue of $437 million exceeded expectations of $415.07 million.

$MRNA (-5,5 %)
Moderna Inc:

Missed analyst estimates of $4.81 in the third quarter with earnings per share of $2.53. Revenue of $3.36 billion below expectations of $4.63 billion.

$CROX (-0,45 %)
Crocs Inc:

Missed analyst estimates of $2.62 in the third quarter with earnings per share of $2.50. Revenue of $985.1 million exceeded expectations of $942.52 million.

$IRM (+3,19 %)
Iron Mountain Inc:

Third-quarter earnings per share of $0.48 beat analyst estimates of $0.44. Sales of $1.29 billion below expectations of $1.31 billion.

$SBS (-1,99 %)
STRATEC:

Posts Q1-3 sales of €207.7 million (preliminary: €207.7 million), adjusted EBIT margin of 18.3% (preliminary: 18.3%), and net income (adjusted) of €29.5 million (PY: €40.6 million). Outlook confirmed.

$BOSS (-3,01 %)
HUGO BOSS:

Achieves Q3 sales of €933 million (PY: €755, analyst forecast: €903.4 million), EBIT of €92 million (PY: €85 million, forecast: €88.1 million) and net income of €58 million (PY: €53 million, forecast: €56.6 million). In the outlook for 2022, the company now expects sales of €3.5 to €3.6 billion (previous: €3.3 to €3.5 billion) and EBIT of €310 to €330 million (previous: €285 to €310 million).

$SGL (+0,82 %)
SGL CARBON:

Achieves Q1-3 sales of €853.9 million (previous year: €743.5 million), Ebitda (adjusted) of €136.1 million (previous year: €108.5 million) and net income after minorities of €70.6 million (previous year: €42.6 million). Forecast confirmed.

$PFV (-0,39 %)
Pfeiffer Vacuum:

Achieves Q1-3 order intake of €866.5 million (preliminary: €866.5 million), sales of €668.7 million (preliminary: €668.7 million), EBIT of €94 million (preliminary: €94 million) and net income of €66.6 million (PY: €52.1 million). October 17 forecast for revenue and Ebit margin confirmed.

$HNR1 (-0,46 %)
Hannover Re:

Achieves 3. Gross premiums written of €8.91 billion (PY: €7.15 billion, analyst forecast: €8.02 billion), combined ratio of 99.6% (PY: 101.5%, forecast: 99.6%), investment result of €400.3 million (PY: €491.1 million), an Ebit of €408.9 million (PY: €324.5 million, forecast: €399 million) and a net profit of €221.9 million (PY: €185.4 million, forecast: €311 million). In the outlook for 2022, the company sees net income in the lower range of €1.4 billion to €1.5 billion, profit target for 2022 remains achievable.

$UN01
Uniper:

Achieves 1st to 3rd. Quarter net result of -€40 billion (PY: -€4.8 billion), net loss includes €10 billion realized costs for replacement volumes; economic net debt at €10.91 billion (PY: €0.324 billion), net loss includes €31 billion expected losses and provisions; adjusted net loss of -€3.22 billion (preliminary: -€3.2 billion, prior year: +€0.487 billion), adjusted EBIT of -€4.75 billion (preliminary: -€4.8 billion, prior year: +€0.614 billion). Concrete earnings forecast currently impossible for the time being.

$O2D (+0,24 %)
Telefonica Germany:

Achieves Q3 sales of €2.085 billion (PY: €1.967 billion, analyst forecast: €2.030 billion), service sales of €1.47 billion (PY: €1.42 billion), adjusted OIBDA of €642 million (PY: €613 million, forecast: €640.5 million). In the outlook for 2022, sales and OIBDA are now expected to be in the "lower mid-single-digit percentage range" compared to the previous year (previously: in the "low mid-single-digit percentage range").

$BMW (-3,91 %)
BMW:

Reports Q3 sales of €37.18 billion (PY: €27.47 billion, analysts' forecast: €35.53 billion), EBIT of €3.68 billion (PY: €2.88 billion, forecast: €3.5 billion), EBT of €4.1 billion (PY: €3.42 billion) and net income of €3.18 billion (PY: €2.58 billion). Outlook confirmed.

$ZAL (+1,5 %)
Zalando:

Achieves Q3 revenues of €2.34 billion (PY: €2.28 billion), Ebit (adjusted) of €13.5 million (PY: €9.8 million) and net result of -€35.4 million (PY: -€8.4 million); number of active customers grows by 8% and exceeds 50 million for the first time. Outlook confirmed.

$COP (-0,13 %)
CompuGroup:

Posts Q1-3 revenue of €802 million (preliminary: €802 million), Ebitda of €166 million (preliminary: €166 million) and net income of €59.8 million (PY: 56.6 million). Outlook confirmed.

$RAA (+2,46 %)
RATIONAL:

Achieves Q3 sales of €274.2 million (PY: €207 million, analyst forecast: €270 million), Ebit of €70.3 million (PY: €49.7 million, forecast: €64.4 million), Ebit margin of 25.6% (PY: 24.0%) and net income of €53.8 million (PY: €37.8 million). Forecast confirmed.

$KCO (-2,66 %)
Klöckner & Co:

Achieves 3rd quarter sales of €2.37 billion (PY: €2.0 billion), Ebitda (adjusted) of €16 million (PY: €277 million) and net result of -€22 million (PY: +€185 million). Outlook confirmed.

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Profit taking

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗘𝗹𝗲𝗸𝘁𝗿𝗶𝗳𝗶𝘇𝗶𝗲𝗿𝘁𝗲𝗿 𝗜𝗣𝗢 / 𝗭𝗶𝗻𝘀𝗲𝗻𝘁𝘀𝗰𝗵𝗲𝗶𝗱𝘂𝗻𝗴 / 𝗥𝗮𝘂𝘀 𝗮𝘂𝘀 𝗱𝗲𝗿 𝗞𝗿𝗶𝘀𝗲 / 𝗕𝗶𝘁𝗰𝗼𝗶𝗻-𝗦𝗰𝗵𝗼𝗼𝗹𝘀

𝗜𝗣𝗢𝘀 🔔

Rivian - The electric vehicle startup, which is 20 percent owned by Amazon ($AMZ (-0,02 %)), is seeking $8.4 billion in funding by going public. That would make it the third-largest IPO in the U.S. in the last decade. This would give Rivian a valuation of $53 billion and would be almost as big as Honda ($HDM (-2,69 %)). A share is expected to cost between $57 and $62.

As recently as October, Amazon ordered 100,000 electric delivery vehicles from Rivian, which is building a brand of electric SUVs and pickups alongside that production.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Armstrong World Industries ($91A (+1,41 %)), Banco Bradesco ($BRE (-0,91 %)), Banco Santander (Mexico) ($BSMX), Cambridge Bancorp ($CATC), Fomento Económico Mexicano ($FOMC (+0,84 %)), Hess Midstream ($HESM), Hope Bancorp. ($NRB (+0,4 %)), NextEra Energy ($1NG), S&T Bancorp, Inc. ($STBA) and WSFS Financial Corporation ($WSFS (+1,93 %)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Things are really busy again, so here are the main companies presenting their figures today. Today, Acerinox ($ACE1 (-1,26 %)), Ansys ($AKX (-2,99 %)), BMW ($BMW (-3,91 %)), Geberit AG ($GBRA (-0,14 %)), Klöckner & Co ($KCO (-2,66 %)), Lufthansa ($LHA (+0,59 %)), Marriott International ($MAQ (+1,62 %)), MetLife ($MWZ (+0,21 %)), Norma Group ($NOEJ (-2,65 %)), Novo Nordisk ($NOVC), Qualcomm ($QCI (-0,3 %)), Raiffeisen ($RAW (-1,7 %)), Teamviewer ($TMV (+2,46 %)) and Zalando ($ZAL (+1,5 %)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Fed - The Federal Reserve holds its interest rate meeting today, at which the U.S. central bank is likely to announce a cut in its bond-buying program. Therefore, speculation of a possible rate hike next year is already in the room.

In the run-up, the markets present themselves in a very positive mood and continue to be on a strong course. According to analyst Jochen Stanzl of CMC Markets, this monetary policy change no longer represents a supporting burden for the stock markets. The reason for this is the consistently very positive quarterly figures.

Lufthansa ($LHA (+0,59 %)) - In the third quarter, Deutsche Lufthansa almost doubled its revenue and returned to operating profit since the beginning of the crisis. Revenue rose 96 percent to 5.2 billion euros in the months from July to September. Adjusted loss before interest and taxes narrowed to 17 million from 1.262 billion in the same period last year. It was a "milestone" out of the crisis, said Group CEO Carsten Spohr. The Group expects to be able to continue increasing its sales in the full year 2021.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

El Salvador - The country plans to build 20 new "Bitcoin Schools" from the surplus of El Salvador's Bitcoin Trust. After another bitcoin purchase of 420 BTC ($BTC-EUR (+0,41 %)), the government currently holds 1,120 BTC in its Bitcoin Trust account. Back in mid-October, President Nayib Bukele announced spending four million US dollars from the Bitcoin trust on a new veterinary hospital.

Follow us for french content on @MarketNewsUpdateFR

I have been invested here since February.

The 2021 progosis compared to the valuation is incredibly low (P/E ratio).

Leading in digitalization and well managed.

Higher prices are possible here.

Who else has it in their portfolio?