New year, old shares. I am 200 shares closer to my goal of owning 0.1 percent of all shares in $NTG (-1,38%) again 200 shares closer to my goal of owning 0.1 percent of all shares in In addition, I have also $AAPL (+0,26%) increased my position in $FRO (-1,8%) and bought some MSCI World.

Actually, yesterday I also wanted to get back into $BAYN (+1,43%) again yesterday. But they rose 6 percent yesterday, so I was too stingy ... remains on the watchlist for now, just like $DEZ (-0,91%)

I wish you all a happy Thursday.

⬆️⬆️⬆️

- DEUTSCHE BANK RESEARCH raises the price target for NIKE from USD 82 to USD 84. Buy. $NKE (-0,48%)

- RBC raises the price target for ALPHABET A SHARE from USD 210 to USD 235. Outperform. $GOOGL (-2,28%)

- RBC raises the price target for AMAZON from USD 225 to USD 255. Outperform. $AMZN (-2,39%)

- RBC raises the price target for META from USD 630 to USD 700. Outperform. $META (-1,11%)

- ODDO BHF raises the target price for MUNICH RE from EUR 540 to EUR 555. Outperform. $MUV2 (-0,6%)

- ODDO BHF upgrades HERMES to Neutral. Target price EUR 2315. $RMS (+0,11%)

- ODDO BHF raises the target price for AIRBUS from EUR 168 to EUR 180. Outperform. $AIR (-3,2%)

- ODDO BHF raises the price target for FRAPORT from EUR 58 to EUR 61. Outperform. $FRA (+0,51%)

- JPMORGAN raises the target price for FEDEX from USD 366 to USD 370. Overweight. $FDX (-5,06%)

⬇️⬇️⬇️

- GOLDMAN lowers the price target for NIKE from USD 97 to USD 91. Buy. $NKE (-0,48%)

- BOFA lowers the price target for NIKE from USD 95 to USD 90. Buy. $NKE (-0,48%)

- ODDO BHF downgrades CARBIOS to Neutral. $ALCRB (-0,25%)

- KEPLER CHEUVREUX lowers the price target for LANXESS from EUR 31 to EUR 30. Buy. $LXS (+0,14%)

- HAUCK AUFHÄUSER IB lowers the target price for DEUTZ from EUR 8.50 to EUR 7. Buy. $DEZ (-0,91%)

- BARCLAYS lowers the price target for VERTEX from USD 509 to USD 418. Equal-Weight. $VRTX (+0,82%)

- GOLDMAN lowers the price target for BIRKENSTOCK from 59.10 USD to 57.90 USD. Neutral. $BIRK (-3,71%)

- GOLDMAN downgrades TEAMVIEWER from Buy to Neutral and lowers target price from EUR 17 to EUR 12. $TMV (+1,21%)

⬆️⬆️⬆️

- UBS raises its price target for NVIDIA from USD 150 to USD 185. Buy. $NVDA (-3,63%)

- METZLER raises the price target for MUNICH RE from EUR 535 to EUR 543. Buy. $MUV2 (-0,6%)

- GOLDMAN lowers the target price for NOVO NORDISK from DKK 1040 to DKK 1025. Buy. $NOVO B (+5,32%)

- GOLDMAN upgrades MTU from Neutral to Buy and raises target price from EUR 276 to EUR 400. $MTX (-3,41%)

- GOLDMAN upgrades BASF from Neutral to Buy and raises target price from EUR 45 to EUR 53. $BAS (+1,69%)

- DEUTSCHE BANK RESEARCH raises the price target for FRESENIUS SE from EUR 42 to EUR 44. Buy. $FRE (+0,18%)

- DEUTSCHE BANK RESEARCH raises the price target for EMBRACER from SEK 24 to SEK 28. Hold. $TH9A

- DEUTSCHE BANK RESEARCH raises the price target for AMADEUS IT from EUR 62 to EUR 65. Hold. $AMS (-1,33%)

- DEUTSCHE BANK RESEARCH raises the price target for NEMETSCHEK from EUR 85 to EUR 100. Hold. $NEM (-0,34%)

- WARBURG RESEARCH raises the price target for DÜRR from EUR 32 to EUR 33. Buy. $DURYY (+0%)

- HAUCK AUFHÄUSER IB upgrades CANCOM from Hold to Buy. Target price EUR 32. $COK (+0,4%)

- ODDO BHF upgrades GENERALI to Neutral. Target price EUR 26.10. $G (-1,43%)

- METZLER raises the price target for HEIDELBERG MATERIALS from EUR 131 to EUR 138. Buy. $HEI (+0,51%)

- BERENBERG raises the price target for FLATEXDEGIRO from EUR 16 to EUR 18. Buy. $FTK (+1,48%)

- BERENBERG raises the price target for FREENET from EUR 29 to EUR 32. Buy. $FNTN (+0,91%)

- JPMORGAN raises the target price for HEIDELBERG MATERIALS from EUR 108 to EUR 149. Overweight. $HEI (+0,51%)

⬇️⬇️⬇️

- UBS lowers the price target for MUNICH RE from EUR 560 to EUR 540. Buy. $MUV2 (-0,6%)

- ODDO BHF downgrades MODERNA to Outperform. Target price USD 86. $MRNA (+6,04%)

- UBS downgrades VALE from Buy to Neutral and lowers target price from USD 14 to USD 11.50. $VALE (-0,31%)

- DZ BANK lowers target price for DEUTZ from EUR 6.80 to EUR 5.80. Buy. $DEZ (-0,91%)

- DZ BANK lowers the price target for BECHTLE from EUR 51 to EUR 45. Buy. $BC8 (-0,42%)

- BERENBERG lowers the target price for ESTEE LAUDER from USD 87 to USD 76. Hold. $EL (+1,18%)

- RBC lowers the target price for ASOS from GBP 4.60 to GBP 4. Sector Perform. $ASC (-0,65%)

- RBC lowers the price target for EVOTEC from EUR 12 to EUR 11.60. Outperform. $EVT (-0,94%)

- RBC lowers the price target for VESTAS from DKK 222 to DKK 156. Outperform. $VWS (-1,47%)

- BERENBERG lowers the price target for SUSS MICROTEC from EUR 80 to EUR 75. Buy. $SMHN (-1,71%)

- JEFFERIES downgrades NEL from Hold to Underperform and lowers target price from NOK 5.50 to NOK 3. $NEL (-3,27%)

- RBC lowers the price target for BMW from EUR 81 to EUR 80. Sector Perform. $BMW (-0,12%)

- JEFFERIES lowers the price target for KNAUS TABBERT from EUR 26 to EUR 20. Hold. $KTA (-0,67%)

Summary Earnings, 07.11.

$MUV2 (-0,6%)
| Munich Re Q3 24 Earnings

EPS EU7.02 (est EU6.67)

Sees FY Insurance Rev. About EU61B, Saw About EU59B

Sees FY Profit Above EU5B, Saw EU5B

$RHM (-1,89%) | Rheinmetall AG Q3 24 Earnings

Sales EU2.45B (est EU2.42B)

Still Sees FY Sales About EU10B (est EU9.99B)

Sees FY Operating Margin At Upper End Of Guidance

Nissan Motor Q2 2024 Earnings $7201 (+7,76%)

Q2 Operating Income 31.91B Yen (est 65.25B Yen)

Q2 Net Loss 9.34B Yen (est Profit 49.07B Yen)

Sees FY Oper Income 150.00B Yen, Saw 500.00B Yen

To Cut 9,000 Jobs Globally

To Reduce Global Production Capacity By 20%

To Sell Back Up To 10.02% Of Mitsubishi Motors Shares

Air France KLM Q3 24 Earnings $AF

EBITDA EU1.90B (est EU1.9B)

Rev EU8.98B (est EU8.88B)

Net Income EU780M (est EU874.3M)

Sees FY Capex EU3B, Saw Below EU3B

$TEF (+1,17%) | Telefonica Q3 24 Earnings

REV. EU10.02B (est EU10B)

Adj. EBITDA EU3.26B (est EU3.26B)

Net Income EU10M (est EU357M)

To Book €314 Million Non-Cash Impairment For Peru

ArcelorMittal Q3 24 Earnings: $MT (-0,49%)

- Sales $15.20B (est $15.23B)

- EBITDA $1.58B (est $1.47B)

- Still Sees FY CAPEX $4.5B To $5.0B

- Markets Conditions Are 'Unsustainable'

- Positive On Medium/Long Term Outlook

Daimler Truck Holdings Q3 24 Earnings: $DTG (-1,07%)

- Rev EU13.14B (est EU12.98B)

- Adj EBIT EU1.19B (est EU1.13B)

- Still Sees FY Rev EU53B To EU55B (est EU53.45B)

Adyen disappoints with lower than expected sales growth and loses 13% on the stock market. $ADYEN (-0,84%)

Lanxess-shares rise by 4.4% to 26.80 euros after a positive quarterly report, having previously fallen by 13%. The operating margin exceeds expectations, although prices weaken. $LXS (+0,14%)

National Grid increased its adjusted operating profit by 14% to 2 billion pounds in the first half of the financial year and expects an increase of around 10% for the year as a whole. Higher fees in New York and higher revenues in the UK are supporting growth. $NG. (-0,43%)

AMS-Osram increased its profitability in the third quarter despite a decline in sales, but expects business development to be subdued in the fourth quarter and early 2025. To ensure profitability, the company plans further cost reductions of 225 million euros by the end of 2026. $AMS

Suess Microtec is more optimistic after a strong third quarter and now expects to achieve its annual targets in the upper half of the forecast range. Sales are expected to reach 380 to 410 million euros, with an EBIT margin of 14 to 16 percent. $SMHN (-1,71%)

The investment company Mutares slips into the red operationally in the third quarter with an adjusted EBITDA loss of EUR 16.5 million. However, sales increased by 14% to 3.9 billion euros. $MUX (+1,91%)

Delivery Hero expects a free cash flow of EUR 50 to 100 million for 2024 and anticipates GMV growth at the upper end of the forecast of 7 to 9 percent. However, the Group expects adjusted EBITDA to be at the lower end of the range of EUR 725 to 775 million. $DHE

Deutz recorded an 80% drop in profits to EUR 7.2 million in the third quarter and slipped into the red with a bottom line of EUR 2 million. Turnover falls by 14.9% to 430.4 million euros due to a slump in demand. $DEZ (-0,91%)

Compugroup Medical records a decline in EBITDA in the third quarter

EBITDA fell by 12% to 54.9 million euros in the third quarter, but slightly exceeded

analysts' expectations slightly. Turnover falls by 1% to 283.4 million euros

euros, and the company confirms its reduced forecast for 2024. $COP (-0,63%)

Alzchem reports a jump in profits for the first nine months with

a 36% increase in EBITDA to EUR 76.8 million and increases the EBITDA margin to

EBITDA margin to 18.5 %. The Group is sticking to its profit target for 2024

but is aiming for the lower end of the sales forecast due to the discontinuation of low-margin

the lower end of the sales forecast. $ACT (-0,43%)

Nordex is raising its forecast for the EBITDA margin for 2024 and

now expects it to be closer to the upper end of the range of three to four

percent. In the first nine months of the year, the company recorded

an increase in revenue of 14 percent to EUR 5.1 billion and an improved

improved EBITDA margin of 3.7 percent. $NDX1 (+0,87%)

Nemetschek recorded an increase in revenue in the third quarter thanks to the

thanks to the GoCanvas acquisition, Nemetschek recorded a 15.1% increase in revenues to 253 million euros,

however, earnings remained slightly below expectations. The

The operating costs of the acquisition put pressure on profits, so that EBITDA

increases by 6.7 %. $NEM (-0,34%)

Rational increases earnings before interest and taxes in the third quarter

taxes by 18% to just under 78 million euros, exceeding analysts'

analysts' expectations, while sales revenues grew by 8% to 294 million

euros. The company confirms its forecast for the year. $RAA (+1,23%)

$DEZ (-0,91%) +15% after CEO statement entry into the defense business. For me, little substance for such a strong increase.

https://www.handelsblatt.com/unternehmen/industrie/neue-sparten-motorenhersteller-deutz-will-ins-ruestungsgeschaeft-einsteigen/100047104.html

Share analysis/share presentation ⬇️

Today we are talking about the company Deutz: $DEZ (-0,91%)

What is Deutz and what does it do?

Deutz is a company from Germany that specializes in manufacturing engines and drive systems. They have been in the industry for many years and have an impressive history. Their engines are used in various applications, such as vehicles, construction machinery, agricultural machinery and generators. Deutz is known for the quality, reliability and performance of their engines. They place great emphasis on innovation and sustainability, and are continuously working to make their products more environmentally friendly. Deutz is a major player in the engine industry and has a good reputation worldwide.

Market capitalization:

Deutz currently has a market capitalization of around 716 million euros.

Strengths of the share:

Some strengths of Deutz:

- Reliable engines: Deutz is known for its high-quality and reliable engines used in various applications.

- Powerful technology: Deutz develops innovative technologies to continuously improve the performance and efficiency of its engines.

- Sustainability: Deutz attaches great importance to sustainability and is actively working to develop environmentally friendly solutions and reduce CO2 emissions.

- Wide range of applications: Deutz engines are used in various areas such as vehicles, construction machinery, agricultural machinery and generators.

- Many years of experience: Deutz has a long history and has been active in the engine industry for many years, which gives them sound know-how and a strong market position.

- Customer service: Deutz attaches great importance to customer satisfaction and offers comprehensive customer service to meet the needs and requirements of their customers.

Weaknesses of the stock:

Here are some weaknesses of Deutz:

- Dependence on specific industries: Since Deutz mainly manufactures engines and drive systems, the company is highly dependent on the needs and developments in the industries in which their engines are used.

- Competitive pressure: The engine industry is a highly competitive market and Deutz is in direct competition with other manufacturers of engines and drive systems.

- Dependence on raw materials: Deutz requires certain raw materials to manufacture its products, the availability and price of which may be subject to fluctuations.

- Dependence on external factors: Deutz is affected by external factors such as economic fluctuations, political decisions and regulatory changes, which can have an impact on its business activities.

- International market: As Deutz operates worldwide, the company is also affected by the challenges and risks of the international market, such as exchange rate fluctuations and trade restrictions.

A little more about the business model:

Deutz is a company that specializes in the development, production and sale of engines and drive systems. Its business model is based on several pillars.

Firstly, Deutz focuses on the continuous development and improvement of their engine technology. They invest in research and development in order to develop powerful, reliable and environmentally friendly engines that meet the needs of their customers. In doing so, they place great emphasis on innovation and sustainability.

Secondly, Deutz pursues a diversified market strategy. They serve various industries such as construction machinery, agricultural machinery, vehicles and generators. Their broad product range allows them to expand their customer base and benefit from various market developments.

Thirdly, Deutz places great emphasis on customer service and long-term partnerships. They offer their customers comprehensive advice, technical support and spare parts supply. Their strong customer focus and many years of experience in the engine industry have earned them a good reputation.

Furthermore, Deutz has built up an international sales network to distribute their products worldwide. They work closely with dealers and partners to offer their engines in different countries and regions. This allows them to strengthen their presence in the global market and benefit from international business opportunities.

In addition, Deutz is pursuing a digital strategy to further improve their products and services. They rely on mobile business intelligence solutions to provide their customers with real-time data and analytics. This enables them to help their customers optimize their operations and work more efficiently.

A little more about the industry:

Deutz's business model is based on the development, production and sale of engines and drive systems for various applications in the fields of vehicles, construction machinery, agricultural machinery and generators. Deutz offers its customers reliable and powerful engines that meet the needs and requirements of the respective industries. The company places great emphasis on innovation and sustainability by continuously working to improve the performance and efficiency of its engines. Deutz operates internationally and has built strong partnerships with customers and dealers to ensure an effective sales and service structure. Through its diverse product portfolio and focus on customer satisfaction, Deutz has established itself as a leading supplier in the engine industry.

When and where was Deutz founded?

Deutz was founded in Cologne in 1864 by Nikolaus Otto and Eugen Langen. The company began as a manufacturer of gas engines and later expanded into the production of diesel engines. Today, Deutz is an internationally active company and one of the leading engine manufacturers in the world.

The goal of Deutz:

Deutz aims to offer its customers reliable and powerful engines and drive systems that meet the needs and requirements of various industries. The company places great emphasis on innovation and sustainability by continuously working to improve the performance and efficiency of its engines. Deutz strives to be a trusted partner for its customers, providing them with solutions that support their business goals. Through its global activities and strong partnerships, Deutz strives to further expand its position as a leading supplier in the engine industry and to make a positive contribution to sustainable development.

Your opinion:

Now I would like to hear your opinion on this share in the comments.

I personally find the company very interesting and will continue to monitor it. It was an unknown company to me until recently, but that's exactly why I wanted to introduce the share to you.

What do you think of Deutz and were you already familiar with this company?

Do you perhaps already have the share in your portfolio?

Please let me know in the comments.

This is of course not investment advice but just my own opinion that I would like to share with you.

May makes everything new?

At least I finished my monthly update again - you can find the blog post here at Getquin and the graphics/tables at this link:

https://www.valueinvestments.ch/vermoegensverwaltung-value-und-momentum-mai-2023

I'm glad to see stocks outside the energy sector again that meet my value criteria and show positive momentum. In 2022 the performance was quite ok with -4.5 vs. -15% in the MSCI World. But in 2023 I am still not quite happy - we will see at the end of the year how it will develop.

For you, here is the current update with some thoughts on the current situation:

In May 2023, the sideways trend has continued to consolidate. We have been seeing this trend since the beginning of 2022, which means that the return in the Value and Momentum Portfolio has dropped a bit again: to 11.6%. We see since the start a return of 43.4%. This is still 23.6% more than the MSCI World has produced over the same period - in just over 3 years.

Asset management - purchases and sales in the portfolio

Again in May, three new companies made it onto the shopping list. I am glad that none of the three companies come from the energy sector. We already have enough of those in the portfolio in all sorts of forms, and I feel more comfortable when the portfolio is not quite so dependent on a single sector. In 2022, we were spot on with that. Now, however, it is time to reduce the overweight in the energy sector somewhat. Among the newcomers, there is once again a company from the real estate sector. This is surprising, because the real estate sector has actually suffered in the USA with the interest rate hikes. However, M/I Homes managed to triple its profits in the last three years in a difficult environment. However, the share price does not seem to reflect that yet: The company is still very cheaply valued - despite an excellent track record. More details about the other two companies - German DEUTZ Aktiengesellschaft and Australian MYER Holding - can be found below.

I have divested from two companies in the commodities sector, which have been destroying returns in the portfolio instead of bringing returns to it. Jastrzebska Spólka Weglowa rose by an incredible 91% from October 2022 to January 2023 - but it has fallen again almost as quickly since February 2023. What remains is a sobering result - not overall, but as far as this one stock is concerned: the momentum has been completely lost - the company is still favorably valued, but purely in terms of the figures, the money is better off in the new acquisitions. I act here according to the motto: Nowhere is it written that you have to make up for the losses of a stock with the same. This would not have worked with our big banks UBS and CS in the last more than 10 years. I know many people who are still desperately holding on to their UBS shares, which they bought in 2007/2008 for a "cheap" 50 or 30 Swiss francs. The fall in Credit Suisse's share price is even more dramatic: In April 1995, Credit Suisse's share price stood at over 20 Swiss francs. Today it is less than 80 Swiss centimes. Buy-and-hold in all honor - but here, too, it makes sense to diversify a bit. The second company that was sold also produced a negative return and must therefore leave the portfolio for the time being. All companies in the portfolio have to pass a strict selection process - not only when buying, but also when regularly reviewing them: It is possible that the fundamentals change so much within a year that they have to be replaced.

News and developments on the stock market worldwide

Energy prices have normalized somewhat and solutions have been found for many bottlenecks. However, I think that the energy issue is far from being solved: finite energy sources must be replaced step by step by renewable ones.

Unfortunately, renewable energies became the new playing field of speculations with sometimes absurd prices: Similar to the .com bubble at the turn of the millennium, for example, inflated prices were paid for everything with "hydrogen" or "electric car" written on it. This was just to watch it all come back down. That doesn't mean the companies are all worth nothing - but you can still overpay for a top company. This is exactly what has happened in the past with renewable energy. If you want to be sure not to overpay, you should NEVER just buy any stock of hyped companies on gut instinct. Instead, you should take an in-depth look at the companies - not only qualitatively but also quantitatively.

What also doesn't help is that many financial service providers are running a huge marketing circus here. If you look closely, however, you will quickly discover that there is often not quite as much "green" in it as there is on it. And if you then take a look at the fees for financial products that are labeled "sustainable" or "renewable," you will quickly realize where the motivation for this circus comes from. The result is that a lot of people buy individual shares or get financial products without knowing how much they are paying (too much) in relation to the actual value they receive. This continues to drive prices up until the first ones question the whole thing or the hyped companies don't produce the profits to justify the prices paid. From my point of view, however, this is not the fault of the companies, but the responsibility of each individual who justifies overpriced prices with a lot of fantasy.

Inflation remains another major issue. However, this has eased somewhat. Even more prominent is once again the dispute over the debt ceiling between Democrats and Republicans in the USA. The whole thing is pointless, because the whole world can only watch and shake its head - but it affects practically every pension fund and also Privatanleger:innen quite directly. In the end, there will most likely be another last-second settlement and the financial world will breathe a sigh of relief. As Warren Buffett at the Generalversammlung von Berkshire Hathaway 2023 rightly said, "It would be a disaster if the debt ceiling wasn't raised ... which is the reason it's being raised."

Just after I published the blog post, I was able to read the news that an agreement between the Republicans and the Democrats is emerging in the debt ceiling dispute. You can find my original blog post at this link:

https://www.valueinvestments.ch/vermoegensverwaltung-value-und-momentum-mai-2023

$MHO (-1,67%)
$DEZ (-0,91%)
$MYR (-1,1%)
$JSW (+0,39%)
$MAU (-0,84%)
#aktien
#value
#valueinvesting
#momentum

Quarterly figures on 09.11.2022....

Pocket money for the kids only in Robux, that's the Roblox Währung⤵️

The market currently really forgives no slip-ups in the numbers! You can see that again today:

$RBLX
Roblox:

misses analyst estimates of -$0.30 in the third quarter with earnings per share of -$0.50. Sales of $517.7 million below expectations of $690.79 million.

$TTD (-4,67%)
The Trade Desk Inc:

Surpassed analyst estimates of $0.22 in the third quarter with earnings per share of $0.26. Revenue of $394.77 million exceeded expectations of $385.98 million.

$ADS (-0,81%)
adidas:

Posts Q3 sales of €6.40 billion (PY: €5.75 billion), gross profit of €3.14 billion (PY: €2.88 billion), operating profit of €564 million (PY: €672 million), pre-tax profit of €411 million (PY: €629 million). In its outlook for fiscal year 2022, adidas now expects low-single-digit percentage sales growth for the overall company on a currency-neutral basis. The company expects a gross margin of around 47.0% in 2022. Operating margin in 2022 is expected to be around 2.5% according to the new expectations and profit from continuing operations to reach a value of around €250 million.

$SIX2 (-0,48%)
Sixt:

Achieves Q1-3 revenue of €2.32 billion (PY: €1.63 billion, analyst forecast: €2.32 billion), EBT of €506.3 million (PY: €317.4 million, forecast: €496 million). In its outlook for 2022, Sixt now expects to achieve the upper forecast range for EBT.

$DEZ (-0,91%)
DEUTZ:

Achieves Q3 sales of €465.4 billion (PY: €403.2 billion), order intake of €442.1 million (PY: €485.2 million), Ebit (adjusted) of €23.3 million (PY: €14.1 million), free cash flow of -€45.1 million (PY: +€5.5 million) and net income of €17.1 million (PY: €10.4 million). In its outlook for 2022, the company now expects unit sales of between 175,000 and 185,000 DEUTZ engines, leading to revenue growth to between €1.75 billion and €1.85 billion. The adjusted EBIT margin is expected to be in a range of 4.5 to 5.0 percent. Free cash flow is expected to be in the low to mid double-digit negative million euro range.

$LXS (+0,14%)
LANXESS:

Posts Q3 sales of €2.185 billion (PY: €1.58 billion, analyst forecast: €2.0 billion), Ebitda (Pre Ex) of €240 million (PY: €229 million, forecast: €237.6 million) and net income of €80 million (PY: €74 million). In the outlook for 2022, the company expects Ebitda (adjusted) of €0.90 to €0.95 billion (previous year: €0.90 to €1.0 billion, forecast: €942 million).

$HDD (+0,54%)
Heidelberger Druck:

Achieves 2nd quarter sales of €590 (previous year: €542 million), incoming orders of €622 million (previous year: €593 million), Ebitda of €68 million (previous year: €60 million), Ebitda margin of 11.6% (previous year: 11.0%), and net profit of €39 million (previous year: €27 million). Outlook for 2022/2023 confirmed.

$BNR (+0,43%)
Brenntag:

Reports Q3 sales of €5.1 billion (PY: €3.738 billion, analyst forecast: €4.6 billion), Ebitda (adjusted) of €459.7 million (PY: €342.9 million, forecast: €453 million) and net profit of €248.8 million (PY: €161 million). Profit outlook for 2022 confirmed.

$EVT (-0,94%)
Evotec:

Achieves Q1-3 revenues of €510.8m (PY: €431m, forecast: €520.5m), Ebitda (adjusted) of €44.6m (PY: €70.1m), 2022 outlook and mid-term targets confirmed.

$CBK (-0,9%)
Commerzbank:

Reports Q3 revenues of €1.886 billion (PY: €2.006 billion, analyst forecast: €1.780 billion), an operating profit of €282 million (PY: €472 million, forecast: €137 million) and a net profit of €195 million (PY: €403 million, forecast: €116 million). Loan loss provisions were reported at €84 million in Q3 (PY: €22 million, forecast: €133 million). Commerzbank expects 2022 loan loss provisions of around €700 million, a CET1 ratio of over 13.5%; net interest income of over €6 billion and net profit of over €1 billion (forecast: €1.18 billion). Further dividend of 30% of net profit after deduction of AT-1 planned. In the outlook for 2024, Commerzbank sees operating profit rising from €3.0 to €3.2 billion, with earnings guidance now expected at €10 billion (previously: €9.1 billion).

$SHL (+0,45%)
Siemens Healthineers:

Reports Q4 sales of €6.0 billion (previous year: €5.16 billion, outlook €5.8 billion), Ebit (adjusted) of €1 billion (previous year: €0.793 billion, analyst forecast: €0.977 billion) and net income of €636 million (previous year: €466 million). In the outlook for 2022/2023 the company expects adjusted earnings per share of €2.00 to €2.20 (forecast: €2.23). Proposed dividend 2021/2022 of €0.95 (PY: €0.85) per share. Diagnostics business to be restructured.

$EOAN (+0,41%)
E.ON:

Reports Q1-3 sales of €81.6 billion (PY: €48.1 billion), Ebitda (adjusted) of €6.1 billion (PY: €6.3 billion) and net income of €2.1 billion (PY: €2.2 billion). E.ON confirms outlook for 2022 at Group level.

#investieren
#aktien
#aktie
#börse
#boerse
#community
#communityfeedback
#news
#newsroom
#lernen
#wirtschaftswachstum
#quartalszahlen
#dividende
#finanzen
#eon
#roblox
#adidas
#thetradedesk

Partial sale. Holding period 15 days.

Small position opened. Chart looks good. Series production of the hydrogen engine is being accelerated and strong partners are on board. Does anyone else have the share in their portfolio or on their watchlist?