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Termination of coverage
Termination of coverage - paragon | 23/04/2024

Edison Investment Research is terminating coverage on ABC Arbitrage (ABCA), paragon (PGN), Foresight Solar Fund (FSFL), Kendrion (KENDR), Lithium Power…

Helping itself
Borussia Dortmund | 22/04/2024

Borussia Dortmund’s progress to the semi-final of the Champions League brings a further upgrade to profit guidance for FY24. In addition to helping…

Accelerating again in FY24
JDC Group | 08/04/2024

JDC Group (JDC) reported FY23 results that were in line with the preliminary results published on 8 March. After a very strong Q423, JDC expects FY24 revenue…

Termination of coverage
Termination of coverage - EQS Group | 22/03/2024

Edison Investment Research is terminating coverage on EQS Group (EQS). Please note you should no longer rely on any previous research or estimates for…

Progressing nicely
Borussia Dortmund | 18/03/2024

Borussia Dortmund’s first team was successful in progressing through to quarter finals of the Champions League, which naturally leads to an upgrade…

2024 could turn out to be a very strong year
JDC Group | 11/03/2024

JDC reported preliminary FY23 results that were broadly in line with estimates, implying an impressive EBITDA generation of €5m in Q4. JDC guides…

A more normal schedule
Borussia Dortmund | 05/03/2024

Borussia Dortmund’s Q224 results reflect the positive effects of a more normal football season versus the disruption from the FIFA World Cup in the…

Steady progress and share buyback announced
CLIQ Digital | 27/02/2024

CLIQ Digital showed robust revenue and profit growth in FY23 despite a more challenging backdrop. Revenue was below management guidance and Edison estimates,…

More profitable customers in FY23
CLIQ Digital | 01/02/2024

CLIQ Digital’s FY23 trading update showed sales coming in below both management’s guidance and our forecasts, although EBITDA was in line.…

Deutsche Beteiligungs AG in 60 seconds
Deutsche Beteiligungs AG in 60 seconds | 26/01/2024

Get the lowdown from Edison's Milosz Papst on this Germany-based and listed private equity investment and fund management company. It invests in mid-sized…

Starting a new chapter
Heliad | 25/01/2024

Heliad Equity Partners (HEP) and FinLab completed their merger in Q423. Heliad, the new combined entity, has seen positive developments across its three…

Solid exits in FY23, expanding into private debt
Deutsche Beteiligungs | 14/12/2023

Deutsche Beteiligungs (DBAG) posted a strong 18.1% NAV TR in FY23 (to end-September 2023), which more than offset the NAV TR loss in FY22 of c 13%. Its…

A full recovery
Borussia Dortmund | 11/12/2023

Borussia Dortmund is a leading football club with a strong track record of success in its domestic league, making it a relatively consistent competitor…

Navigating the road to growth
paragon | 07/12/2023

While we believe H223 represents a pause in growth at paragon’s ongoing automotive operations, we are cutting our near-term EBITDA margin contribution…

CLIQ Digital: executive interview
CLIQ Digital: executive interview | 22/11/2023

In this interview, filmed at the company's recent capital markets day, CLIQ Digital CEO Luc Voncken gives a brief overview of the company's activities…

Cloud-based regtech saas company
EQS Group: EKF 2023 QuickView | 21/11/2023

EQS provides cloud-based products and services to customers across Investor Relations (31% FY22 revenues) and corporate Compliance (69% FY22 revenues).…

A german vc and growth equity investor
Heliad: EKF 2023 QuickView | 20/11/2023

Following the merger of Heliad Equity Partners (HEP) with FinLab, the combined entity holds a portfolio of more than 20 innovative, private businesses…

An innovative markets infrastructure provider
Deutsche Börse: EKF 2023 QuickView | 20/11/2023

Deutsche Börse, a German markets infrastructure provider, operates through four divisions: Trading & Clearing, Securities Services, Data & Analytics…

Passing the €1bn insurance premium mark
JDC Group: EKF 2023 QuickView | 20/11/2023

JDC’s key asset is its highly scalable Advisortech insurance platform, which enables private clients to manage insurance portfolios from hundreds…

Navigating the road ahead
paragon: EKF 2023 QuickView | 20/11/2023

Following a significant refocusing in recent years, paragon has returned to its core strengths as a supplier of electronic and kinematic content to major…

Banking on a strong Q4
JDC Group | 14/11/2023

JDC Group (JDC) issued its Q323 report in which its FY23 guidance was adjusted to the lower end of the indicated revenue and EBITDA ranges. This was partly…

New customer numbers ramp up
EQS Group | 13/11/2023

As anticipated, now that the German whistleblower protection laws are in place, EQS is recruiting substantial numbers of new customers and is set for a…