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Management change amid weak results
Heliad Equity Partners | 25/04/2019
Heliad has experienced a c 50% reduction in NAV per share in FY18 and reported a loss per share at €5.72. This was driven by the overall negative…
Growing exposure to the fintech space
FinLab | 24/04/2019
FinLab’s recent developments are characterised by successful new funding rounds completed by several of its private portfolio companies and their…
Challenging year in prospect
Williams Grand Prix | 23/04/2019
2018 proved to be an unsatisfactory year for Williams on the track, which will have ramifications for financial performance in 2019. However, with a mixture…
Back on track
publity | 18/04/2019
In FY18, publity managed to post a rebound from the weak FY17, with an almost 50% y-o-y increase in revenues, PBT and net income (close to record-high…
Subdued FY18 results reflect market trends
Scherzer & Co | 18/04/2019
Scherzer & Co’s (PZS) NAV declined by 12.6% in FY18 and a further 1.3% in Q119. The company increased its income from dividends and writing options,…
Increased marketing to drive revenue growth
CLIQ Digital | 17/04/2019
CLIQ Digital experienced a weak Q3, given a lower CLIQ factor, which undermined the potential recovery in H2 expected at the interim results. Having retrenched…
Delivering on its strategy
Helma Eigenheimbau | 15/04/2019
Helma Eigenheimbau reported a record high pre-tax profit at €21.1m in FY18, up 10.6% y-o-y and in line with management expectations. Reconfirmed management…
Compliant digital solutions
EQS Group | 12/04/2019
EQS’s FY18 results were broadly as expected, with a strong uplift in the top line. The planned investment, designed to build a global regulatory…
Compliant digital solutions
EQS Group | 11/04/2019
EQS’s FY18 results were broadly as expected, with a strong uplift in the top line. The planned investment, designed to build a global regulatory…
New business growth and changes to ZZR
Nürnberger Beteiligungs | 03/04/2019
Nürnberger Beteiligungs’ (NBG’s) FY18 results reflect an overall stable business at the top line, as gross premiums booked were up by…
Calendar 2018 drought affects profits
Tonkens Agrar | 02/04/2019
The prolonged drought during calendar 2018 had an adverse effect on crop yields, particularly potatoes and onions. This resulted in better produce prices,…
Return to growth
IBU-tec advanced materials | 02/04/2019
FY18 was successful for IBU-tec on several fronts. Organic revenues rose by 13% to a record high, reversing the decline in FY17. There was strong growth…
Short-term profits hit for future gain
STEMMER IMAGING | 02/04/2019
The two acquisitions completed since the IPO in February 2018 contributed to a 7% year-on-year revenue growth during H119, even though the German machine…
Entering a restructuring phase
MyBucks | 02/04/2019
On 26 March, MyBucks (MBC) announced a recapitalisation proposal aimed at strengthening its balance sheet, which is urgently required given the current…
Near-term EU sedation filing added to the list
Paion | 01/04/2019
Following discussions with the EMA, Paion has added filing for procedural sedation (PS) in Europe to the list of potential near-term filings for remimazolam.…
New channel partners to fuel 2019 growth
mVISE | 25/03/2019
mVISE has announced preliminary 2018 results showing revenue growth of 52% to €22.5m, and adjusted operating profit doubling to c €1.8m.…
New investments ahead
Deutsche Beteiligungs | 21/03/2019
Deutsche Beteiligungs (DBAG) is making steady progress on its investment agenda, with three new acquisitions and several follow-on funding rounds totalling…
Potential delay to nootkatone
Evolva | 21/03/2019
Evolva has received a letter from the US Environmental Protection Agency (EPA), which has identified a study for which it could not complete its review,…
Bitesize briefing - UmweltBank
Bitesize briefing - UmweltBank | 20/03/2019
In this video, Milosz Papst is discussing the profile and investment thesis for UmweltBank, a German specialist bank providing loans to customers executing…
Rapid expansion calls for new capital
MyBucks | 19/03/2019
MyBucks’s (MBC’s) H119 results reveal a continuation of solid loan book expansion driven by both organic growth (especially in the banking…
Proprietary software drives profit growth
Mensch & Maschine Software | 14/03/2019
Mensch und Maschine (M+M) reported strong revenue and profit growth in FY18. Its proprietary software business generated another year of growth and expanded…
Proprietary software drives profit growth
Mensch und Maschine Software | 13/03/2019
Mensch und Maschine (M+M) reported strong revenue and profit growth in FY18. Its proprietary software business generated another year of growth and expanded…
New focus starts to bear fruit
Evolva | 12/03/2019
Evolva’s FY18 results demonstrate that the actions undertaken over the past 18 months are starting to come through into the numbers. Innovation has…
Das Wunder von Dortmund is still alive
Borussia Dortmund | 08/03/2019
The recent dip in form (one win in eight games) risks distracting from Borussia Dortmund’s highly successful season with a new head coach and a developing…
Slower project progress and asset write-offs
MPC Capital | 26/02/2019
MPC Capital’s overall performance in 2018 was rather subdued, affected by project delays and low transactional activity, as well as the write-down…