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Favourable growth outlook
Daldrup & Söhne | 17/10/2018
Daldrup & Söhne (D&S) continues to increase its presence in geothermal generation and was recently awarded a new drilling concession for the…
Progress across the business
Pantaflix | 11/10/2018
While the growth of the video on demand (VoD) platform will likely take the plaudits, Pantaflix’s film production business has continued its strong…
Building well
Noratis | 11/10/2018
The shortfall in H1 results (revenue and adjusted EBIT down by a third) should not detract from Noratis’s ambition to benefit from favourable macro…
German Startups Market goes live
German Startups Group | 11/10/2018
German Startups Group (GSG) opened its secondary shares trading platform on schedule as a first step in the transition to an asset manager and market place.…
Taking shape
Lloyd Fonds | 11/10/2018
Change is gathering pace at Lloyd Fonds. In line with its goal to become a leading asset manager in Germany over the medium term, it plans to launch its…
Good for now
mic | 10/10/2018
H118 results suggest continued progress in mic’s ‘remarkable change of course’ although, in the absence of management commentary/guidance,…
New platform investments on board
Mutares | 10/10/2018
After reporting c €9m of adjusted EBITDA in H118, Mutares expects FY18 earnings to reach €20–30m. This should be assisted by successful…
Strategic and operational progress in H118
Nanogate | 10/10/2018
Nanogate delivered double-digit revenue and EBITDA growth during H118. At the same time, it executed on its expansion strategy, extending its geographic…
Determined to succeed
Williams Grand Prix | 08/10/2018
The challenges on the Formula One track are apparent in the H118 report, and investment is being stepped up. Meanwhile, Williams Advanced Engineering (WAE)…
Muted H1, marketing spend to drive H2 uptick
Cliq Digital | 08/10/2018
Due to product launch delays at the end of FY17, CLIQ Digital (CLIQ) saw H1 revenues and operating profits fall by 12% and 38% y-o-y. However, net income…
NAV decline driven by listed holdings
Heliad Equity Partners | 05/10/2018
Heliad’s results and NAV were influenced by the overall conditions in the equity markets, with all but one listed holding (DEAG Deutsche Entertainment)…
Several holdings complete financing rounds
FinLab | 02/10/2018
FinLab’s H118 results were influenced by the fall in Heliad Equity Partners’ share price and limited revaluation of non-listed holdings. However,…
Positive result for first half
2G Energy | 02/10/2018
2G Energy continues to diversify its activities by developing export markets and service revenues, so that it is less exposed to changes in the regulatory…
New strategy is beginning to deliver
artec technologies | 02/10/2018
artec returned to the black in H118 as revenues more than doubled. The results reflect the impact of the three significant contract wins announced earlier…
Market outlook supports further repositioning
Ernst Russ | 28/09/2018
Ernst Russ (ERAG) is making steady progress in repositioning as an asset and investment manager and asset investor, with the legacy business representing…
Hard grind
Diskus Werke | 28/09/2018
Diskus Werke has accompanied predictably solid H1 results (PBT up 5%) with lowered 2018 PBT guidance, now expected to be up 3% at €14m, suggesting…
Strong free cash flow expected in H218
Deutsche Rohstoff | 27/09/2018
Deutsche Rohstoff’s (DRAG’s) business model has been built around management’s ability to identify, develop and monetise assets across…
H118 results: FYB201 registration closer
Formycon | 27/09/2018
Formycon has reported record H118 revenues, boosted by the one-off transfer of FYB202 into a joint venture with Aristo Pharma and payments stemming from…
Low interest rates and ZZR remain a burden
Nürnberger Beteiligungs | 26/09/2018
Nürnberger Beteiligungs’ (NBG’s) top-line growth in H118 was largely assisted by the full consolidation of the legal protection insurance…
Banking joint venture with Austrian Post
FinTech Group | 25/09/2018
FinTech Group (FTG) has announced a landmark 50/50 banking joint venture with Austrian Post (VIE: POST, market cap c €2.4bn) where FTG is supplying…
Well-positioned
Deutsche Grundstücksauktionen | 18/09/2018
Deutsche Grundstücksauktionen (DGA) has improved even on an ‘outstanding’ H117 comparative, with the highest first-half gross turnover…
Focus on digital transformation and synergies
mVise | 18/09/2018
In recent quarters mVISE has completed the acquisition of a consulting team from SHS Viveon and the sale of loss-making workforce management software business…
Well on track
Blue Cap | 14/09/2018
Blue Cap continues to deliver with c 10% organic sales growth in H118 and confirmation that the recent, potentially transformative investment (Knauer)…
A new dimension
IBU-tec | 13/09/2018
H118 was successful for IBU-tec on several fronts. Revenues were back to almost H117 levels, as strong growth in demand for battery materials offset continued…
Shift in digital services strategy
Vectron Systems | 13/09/2018
Vectron has had a turbulent first half as it works to diversify its business into digital services. Several management changes have seen the company return…