Which German shares did you buy and how did they perform?#dax
#dax40
#deutschland
$SAP (+1,16%)
$RHM (+0,99%)
$MUV2 (+3,68%)
$ALV (+0,39%)
$ADS (+2,95%)
$DE000A0PNN47
$VOW (+0,05%)
$MBG (-0,04%)
$P911 (-2,21%)
$PAH3 (-1,16%)
$BMW (+0,99%)
$DTE (-1,65%)
$DHL (-1,32%)
$DB1 (+0,22%)
$DBK (+0,31%)
$RHM (+0,99%)
$AIR (+0,21%)
$LYY7 (+0,54%)

Porsche $P911 (-2,21%) recorded in 2024 a 3% decrease in worldwide saleswith a total of 310,718 vehicles delivered.

-Germany: Sales increased by 11% to 35,858 units.

-China: Sales fell significantly by 28%which had a significant impact on the global decline.

Despite growth in Germany, the decline in China remained a major challenge for overall performance.

Graphic: Porsche

Bitcoin briefly below $90,000 again + UBS launches CTS Eventim with 'Buy' and target of 100 euros + PORSCHE with declines in China business

The Bitcoin $BTC (-1,23%)continues recovery

• Bitcoin has continued its recovery from the previous evening, clearly rebounding from Monday afternoon's low.
• On the Bitstamp trading platform, the oldest and best-known cryptocurrency was trading at around 95,000 dollars on Tuesday morning.
• On Monday afternoon, the price had temporarily fallen to almost 89,000 dollars, but was already able to recover in the course of the evening.

CTS Eventim $EVD (-1,47%)with a target price of €100 (currently €86)

• The major Swiss bank UBS has issued a "buy" rating for CTS Eventim shares with a target price of €100.
• "The show can go on," said analyst Olivier Calvet on Monday evening in his buy recommendation for the event organizer and ticket retailer.
• Three years of strong recovery from the coronavirus pandemic made for ambitious comparative figures.
• However, the UBS Live Event Ticket Transaction Monitor continues to signal enormous demand for music events, especially in Germany.
• And prices are continuing to rise.

PORSCHE $P911 (-2,21%)with declines in business in China

• Parallel launches of several models and problems with suppliers are presenting the luxury sports car manufacturer Porsche with a massive cost problem.
• As Handelsblatt has learned from Group circles, Porsche had to save more than 1.5 billion euros in 2024 alone, originally estimated internally at 600 million euros.
• This enabled Porsche to absorb some of the additional costs, which according to insiders amounted to at least 4 billion euros compared to the previous year.
• Share price continues to rise

Tuesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks

Kering EUR 2.00

• Quarterly figures / company dates Europe

07:30 Südzucker quarterly figures | OMV trading update 4Q | Lindt & Sprüngli annual sales

11:00 VW sales figures 2024 and 4Q

18:00 Repsol annual results and trading statement 4Q

• Economic data

14:30 US: Producer prices December FORECAST: +0.3% yoy previous: +0.4% yoy Core rate (excluding food and energy) FORECAST: +0.3% yoy previous: +0.2% yoy

16:00 US: Fed President Schmid, speech at Central Exchange

21:05 US: New York Fed President Williams, speech at "An Economy That Works for All" event

German automotive industry: crisis or entry opportunity? 📉📈

The German automotive industry is in a deep crisis. $VOW (+0,05%) struggling with profit warnings, $BMW (+0,99%) and $MBG (-0,04%) reducing its margin forecasts and $P911 (-2,21%) is suffering from weak business in China. Added to this are geopolitical uncertainties such as possible tariffs and a global shift towards electromobility, which continues to require more and more investment.

The figures therefore speak for themselves: profits are collapsing, sales figures are stagnating and the labor market is facing a transformation that could cost over 140,000 jobs by 2035.

But we all know that: Crises can be opportunities for us.

The sector is historically cheaply valued: many shares are trading near 25-year lows.

Experten We see the first rays of hope in 2025 - thanks to new models, a possible stabilization of demand and a gradual improvement in innovative strength, particularly in the premium segment.

So which brands look the best in relation to their valuation and where are the biggest problems?

To find out hier a new article - spoiler: It plays a significant role who has production sites in China.

#porsche
#volkswagen
#bmw
#mercedes
#emobilität

This article is part of an advertising partnership with Société Générale

Analysis of German car stocks

BMW $BMW (+0,99%)

Mercedes-Benz $MBG (-0,04%)

Porsche $P911 (-2,21%)
$PAH3 (-1,16%)

Volkswagen $VOW3 (-0,05%)
$VOW (+0,05%)
$VOW2

Reluctant consumers

New registrations

Falling margins

Valuation comparison

Growth in global car sales

Average analyst rating

Link: https://www.ideas-magazin.de/2024/ausgabe-272/titelthema/?utm_source=techaktien-instagram&utm_medium=influencer&utm_content=titelthema&utm_campaign=ideas-magazin

#aktien
#börse
#auto
#tesla
$TSLA (+0,65%)
#bmw
#mercedes
#porsche
#vw
#volkswagen

Report on the current situation of Volkswagen $VOW (+0,05%)
in the third quarter of 2024

The Volkswagen Group (VW) continues to face major challenges in a dynamic market environment. The business figures for the third quarter of 2024 show both light and shade, particularly with regard to profitability, production capacities and the implementation of restructuring measures.

Key financial figures

-Turnover: VW's revenue in the first nine months of 2024 amounted to 237.3 billion eurosslightly above the 235.1 billion euros from the same period of the previous year. This shows a certain stability, despite a challenging market

https://www.volkswagen-group.com/en/investors-15766

-Operating profit: In the third quarter, operating profit amounted to EUR 2.86 billion, which led to a decline in the operating margin to 3,6 % the lowest margin for more than four years. For the first nine months, the operating profit amounted to 12.9 billion euros21% less than in the same period of 2023 .

https://www.volkswagen-group.com/de/finanzberichte-18134

-Sales: A total of 6.5 million vehicles were sold up to September, a fall of 4% compared to the previous year. However, demand in Europe in particular showed signs of recovery in the third quarter.

https://www.volkswagen-group.com/en/volkswagen-group-interim-report-january-september-2024-18726

Challenges and strategic measures

1.Cost managementVW is struggling with high fixed costs, which are to be reduced through restructuring measures such as possible plant closures and wage savings in Germany. The aim is to improve the operating margin of the core VW brand, which currently stands at just 2%.https://finanzmarktwelt.de/vw-quartalszahlen-327989/

2.Market challenges: In particular, competition from Chinese electric car manufacturers and the weakening sales of premium brands such as Audi and $P911 (-2,21%) are weighing on performance. In addition, production is down by 6.8% .

3.ElectromobilityDespite difficulties in launching new electric vehicles, VW emphasizes its commitment to providing a strong portfolio of combustion, hybrid and electric cars. An increased order rate in Western Europe underlines the importance of the new models for future success .

Outlook

VW plans to optimize production in the coming quarters in order to benefit from improved demand and new model series. Restructuring and cost reductions should help to increase profitability, particularly of the core brand. The long-term strategy is based on a realignment towards sustainable mobility and efficiency gains throughout the Group

Volkswagen is thus in a decisive phase of its transformation in order to adapt to global market requirements and remain competitive. For more detailed insights, you can download the full interim report from VW .

Good evening, I am 18 years old, relatively new to investing and would like to invest my savings wisely. I am therefore turning to you for advice. Due to the current downsizing, the shares of $MBG (-0,04%) , $VOW (+0,05%) , and $P911 (-2,21%) have fallen sharply. I hope that the upcoming new elections in February could bring about a positive turnaround and thus an upswing for these stocks.

At the same time, I am taking the current high dividend yields of around 10 % into account. $MBG (-0,04%) and $VOW (+0,05%) but fear that these could either be reduced or completely eliminated in view of the current economic situation.

How do you assess the situation?

$P911 (-2,21%)

The short ratio (short selling) rose from 3.2% in October to 19% in November.

This of course also explains the current strong downward pressure🤔🤔

$P911 (-2,21%) VW and Porsche are dying before our eyes.

Earnings summary, 13.11. 👇🏼

Allianz Q3 24 Earnings: $ALV (+0,39%)

- Oper Profit EU3.94B (est EU3.76B)

- Rev EU42.8B, With Records of 14% Op Profit Growth (Q/Q)

- Sees FY Oper Profit In In Upper Half Of EU13.*B -EU15.8B

Porsche SE
$P911 (-2,21%) reports a drop in profit to 2.5 billion euros after tax in the first nine months, compared with 3.8 billion euros in the previous year, and confirms its annual forecasts for profit and net debt. Despite the challenges in the automotive industry, the holding company is attempting to further diversify its investments and has reduced its net debt to 5.1 billion euros.

Renk
$DE000RENK730 (-2,45%) increased sales by over 19 percent to 778 million euros in the first nine months, driven by demand in the maintenance business and Vehicle Mobility Solutions. Despite an 8.1 percent increase in adjusted EBIT, the margin falls and net profit drops to EUR 7 million due to higher taxes, while the annual targets are confirmed.

The RTL Group $RTLL (-0,71%) expects consolidated revenues to increase to EUR 6.3 billion in 2024, which is below previous expectations, and anticipates an EBIT at the lower end of the range of EUR 700 to 800 million. Revenue in the third quarter fell by 5.5% to €1.3 billion, while the Group's streaming services recorded 6.5 million subscribers.

Auto1
$AG1 (+0,38%) raises its profit forecast for 2024 to between 72 and 84 million euros after the third quarter exceeded expectations with an operating profit of 34.3 million euros. Vehicle sales increased by 26 percent year-on-year to 176,632 units, while turnover grew by 24 percent to 1.6 billion euros.

Heidelberger Druckmaschinen
$HBGRY achieved a profit of 7 million euros in the second quarter, following a loss in the first quarter. Sales fall by just under seven percent to 512 million euros, while adjusted EBITDA falls to 40 million euros; the annual targets are confirmed.

TAG Immobilien
$TEG (-0,63%) generates a profit of 30 million euros in the first nine months, after a loss of just under 275 million euros in the previous year, and expects a slightly positive operating profit trend for 2024. For the year as a whole, the real estate group expects an operating profit at the upper end of the forecast of EUR 170 to 174 million and further valuation gains in Poland for 2025.

The Deutsche Pfandbriefbank
$PBB (-0,51%) recorded a net profit of 37 million euros in the third quarter, almost five times as much as in the previous year, thanks to lower loan loss provisions. Despite a six percent decline in income, the bank remains behind the previous year with new business of 2.5 billion euros, but sees itself on course for higher profits by 2027.

Ströer
$SAX (+0,78%) recorded an increase in revenue of 2.5% to just under EUR 496 million in the third quarter, while the adjusted operating result rose by 6.1% to almost EUR 157 million. Co-CEO Christian Schmalzl expects high single-digit growth in the out-of-home advertising business for the year as a whole.