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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…

Diversifying marketing channels
CLIQ Digital | 03/11/2023

CLIQ Digital continues to deliver good progress as it focuses on conversions through its customer base through its bundled content offering. In 9M23, revenue…

A dip in the road ahead
paragon | 25/10/2023

paragon expects extended summer breaks and anticipated year-end shutdowns of customer plants to restrict growth in H223. We have reduced our earnings expectations…

A cutting-edge sector and a high dividend
BB Biotech | 25/10/2023

BB Biotech (BION) offers investors exposure to the innovative, rapidly expanding biotech sector. BION is the largest biotech investor among its investment…

Navigating the road to redemption
paragon | 31/08/2023

paragon continued its debt reduction programme in Q223 with the disposal of semvox. Operating performance progressed positively with H123 sales rising…

On track to meet the FY23 guidance
Deutsche Beteiligungs | 23/08/2023

Deutsche Beteiligungs (DBAG) posted a 20% NAV total return in the nine months to end-June 2023, thereby recouping the valuation loss in FY22. The uplift…

Exceeded FY23 guidance and our estimates
Borussia Dortmund | 23/08/2023

Borussia Dortmund’s headline (income statement) results for FY23 were ahead of management’s previous guidance and our estimates. The company…

Accelerating into H223
JDC Group | 16/08/2023

JDC Group (JDC) reported H123 results that showed accelerating growth at its key Advisortech division (c 89% of revenue) of 11.2%. After three slower quarters,…

Whistleblowing set to kick in strongly in H2
EQS Group | 16/08/2023

After repeated delays, the German whistleblowing regulation came into law on 1 July and pent-up demand is now set to flow through into new customers and…