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mwb research

@mwbresearch

Professional equity research on mostly German stocks. Read and subscribe for free on the ResearchHub. We are MiFID 2 compliant. research-hub.de/disclaimer

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linkhttp://www.research-hub.de calendar_today11-11-2021 13:42:12

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#ATOSS Software’s Q2 2025 revenues grew 9% yoy to EUR 45.8m, again driven by the SaaS business, with revenues from cloud/subscription up 30% yoy. HOLD. research-hub.de

#ATOSS Software’s Q2 2025 revenues grew 9% yoy to EUR 45.8m, again driven by the SaaS business, with revenues from cloud/subscription up 30% yoy. HOLD. research-hub.de
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#Traton reported weak Q2 2025 results and cut its outlook. We reiterate SELL. research-hub.de $8TRA #Stocks #Earnings #Investing #TruckMakers #DAX #OutlookCut #Q22025

#Traton reported weak Q2 2025 results and cut its outlook. We reiterate SELL. research-hub.de
$8TRA #Stocks #Earnings #Investing #TruckMakers #DAX #OutlookCut #Q22025
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🚨 $PUM profit warning for FY25 ❌ Sales: –low double-digit ❌ EBIT turns negative: –€157m ❌ Weakness across all regions ⚠️ Downgraded to HOLD, PT €22 Brand relevance under pressure. Can #PUMA bounce back? Full report 👉 research-hub.de #stocks #retail #profitwarning

🚨 $PUM profit warning for FY25
❌ Sales: –low double-digit
❌ EBIT turns negative: –€157m
❌ Weakness across all regions
⚠️ Downgraded to HOLD, PT €22
Brand relevance under pressure. Can #PUMA bounce back?
Full report 👉 research-hub.de
 #stocks #retail #profitwarning
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#Verbio's Q4 FY25 results are expected to show early signs of operational recovery. A full turnaround remains unlikely at this stage but seems on the horizon. BUY. research-hub.de $VBK #Biofuels #Earnings #GreenEnergy #Investing #SmallCaps

#Verbio's Q4 FY25 results are expected to show early signs of operational recovery. A full turnaround remains unlikely at this stage but seems on the horizon. BUY. research-hub.de
$VBK #Biofuels #Earnings #GreenEnergy #Investing #SmallCaps
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#Nordex reported Q2 results above consensus. EBITDA rose significantly, lifting margin to 5.8% (+230bps yoy), supported by favorable market conditions. BUY. research-hub.de $NDX1 #Renewables #Earnings #Investing #WindEnergy

#Nordex reported Q2 results above consensus. EBITDA rose significantly, lifting margin to 5.8% (+230bps yoy), supported by favorable market conditions. BUY. research-hub.de
$NDX1 #Renewables #Earnings #Investing #WindEnergy
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#SUSSMicroTec ($SUSS) delivered a strong Q2 revenue beat but profitability fell short due to higher than expected cost pressure and one-offs. The profit warning offers a buying opportunity, BUY. research-hub.de #stocks #earnings #profitwarning #Semiconductors #SmallCaps

#SUSSMicroTec ($SUSS) delivered a strong Q2 revenue beat but profitability fell short due to higher than expected cost pressure and one-offs. The profit warning offers a buying opportunity, BUY. research-hub.de 
#stocks #earnings #profitwarning #Semiconductors #SmallCaps
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📢 Ahead of TUI’s Q3: Late Easter boost + strong summer bookings support 7.2% rev growth & ~17% EBIT jump YoY. #Cruises, #Hotels & pricing drive margin gains despite cost pressure. BUY reiterated, PT €16. 🌴✈️ #TUI #TravelStocks #Earnings #Tourism #UK #Germany

📢 Ahead of TUI’s Q3: Late Easter boost + strong summer bookings support 7.2% rev growth & ~17% EBIT jump YoY. #Cruises, #Hotels & pricing drive margin gains despite cost pressure. BUY reiterated, PT €16. 🌴✈️

#TUI #TravelStocks #Earnings #Tourism #UK #Germany
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📊 Dräger Q2 confirmed: Revenue +1.8% YoY (fx-adj.) to €780m, EBIT €20m. Medical shines (+5%), Safety dips (–2%). Orders jump +14.3% to €877m — best Q2 since 2020, led by Medical. Strong backlog supports H2. PT €72.00, HOLD maintained. #Dräger #MedTech #Earnings #Healthcare

📊 Dräger Q2 confirmed: Revenue +1.8% YoY (fx-adj.) to €780m, EBIT €20m. Medical shines (+5%), Safety dips (–2%). Orders jump +14.3% to €877m — best Q2 since 2020, led by Medical. Strong backlog supports H2. PT €72.00, HOLD maintained.

#Dräger #MedTech #Earnings #Healthcare
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🔥 #Siltronic Q2 beat on sales & EBITDA margin 📈 📉 H2 still soft, but 2026 could mark a sharp rebound as demand returns. 💡 Strategic positioning in silicon wafers + high leverage to recovery = compelling setup. ✅ BUY. 🔎 Full view: research-hub.de #Semiconductors

🔥 #Siltronic Q2 beat on sales & EBITDA margin 📈
📉 H2 still soft, but 2026 could mark a sharp rebound as demand returns.
💡 Strategic positioning in silicon wafers + high leverage to recovery = compelling setup.
✅ BUY. 🔎 Full view: research-hub.de
#Semiconductors
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🚨 Heidelberg enters #defense via strategic deal with VINCORION 🔧🛡️ First step beyond print into military-grade power systems. Small near-term impact, but opens a high-margin, growth-rich vertical aligned with EU defense push. 📈 BUY, PT €2.60 #Heidelberg #Defense #Stocks

🚨 Heidelberg enters #defense via strategic deal with <a href="/VINCORION_news/">VINCORION</a> 🔧🛡️
First step beyond print into military-grade power systems.
Small near-term impact, but opens a high-margin, growth-rich vertical aligned with EU defense push.
📈 BUY, PT €2.60
#Heidelberg #Defense #Stocks
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🚨 TeamViewer Q2: ✅ Revenue +6% ✅ Enterprise +15% ✅ Adj. EBITDA +17% to €84m (44% margin!) 📉 1E weak – H1 below target 📌 FY outlook confirmed, 1E needs H2 boost 💪 Solid ops, cost control on point 📈 #BUY rating, PT €15.50 #Earnings #Stocks #Tech research-hub.de

🚨 <a href="/TeamViewer/">TeamViewer</a>  Q2:
✅ Revenue +6%
✅ Enterprise +15%
✅ Adj. EBITDA +17% to €84m (44% margin!)
📉 1E weak – H1 below target
📌 FY outlook confirmed, 1E needs H2 boost
💪 Solid ops, cost control on point
📈 #BUY rating, PT €15.50
#Earnings #Stocks #Tech research-hub.de
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🚨 Update: @KoenigBauerAG with strong prelim Q2 💥 📈 Sales +7% YoY, offsetting soft Q1 💪 Profitability improving significantly 🔍 Evaluating sale of non-core assets ✅ We reiterate: BUY 👉 research-hub.de #KoenigBauer $SKB #Earnings #ValueStocks #Germany #Industrials

🚨 Update: @KoenigBauerAG with strong prelim Q2 💥 📈 Sales +7% YoY, offsetting soft Q1 💪 Profitability improving significantly 🔍 Evaluating sale of non-core assets ✅ We reiterate: BUY
👉 research-hub.de
#KoenigBauer $SKB #Earnings #ValueStocks #Germany #Industrials
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🚀 Solid Q2 from Krones 📦 📊 Revenue €1.32bn (+0.6%), EBITDA €139m (+6.4%) – in line 📝 Orders €1.29bn, backlog €4.29bn 💪 📈 H1: Revenue +6.7%, EBITDA margin 10.6% 🎯 FY guidance confirmed ✅ BUY Full report👉research-hub.de #Krones $KRN #Earnings #Engineering

🚀 Solid Q2 from <a href="/KronesAG/">Krones</a> 📦
📊 Revenue €1.32bn (+0.6%), EBITDA €139m (+6.4%) – in line
📝 Orders €1.29bn, backlog €4.29bn 💪
📈 H1: Revenue +6.7%, EBITDA margin 10.6%
🎯 FY guidance confirmed ✅ BUY 
Full report👉research-hub.de
#Krones $KRN #Earnings #Engineering
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💊 Redcare Pharmacy Q2🔥 📈 Sales +26.5%, EBITDA +21% 🇩🇪 German Rx +125% 🚀 thanks to CardLink adoption 📅 FY25 guidance confirmed 📲 e-Rx momentum + license extension = LT growth drivers ✅ BUY Full report research-hub.de #Redcare $RDC #eHealth #Pharmacy #GrowthStock

💊 <a href="/RedcarePharmacy/">Redcare Pharmacy</a> Q2🔥
📈 Sales +26.5%, EBITDA +21%
🇩🇪 German Rx +125% 🚀 thanks to CardLink adoption
📅 FY25 guidance confirmed
📲 e-Rx momentum + license extension = LT growth drivers
✅ BUY
Full report research-hub.de
#Redcare $RDC #eHealth #Pharmacy #GrowthStock
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📉 @TAKKT_AG Q2/H1 2025: Weak results, as pre-announced 📦 No short-term demand recovery expected ⚠️ Challenging macro persists ✅ Still rated BUY – long-term potential intact Full report: research-hub.de #TAKKT $TTK #Earnings #IndustrialSupplies #ValueStock #GermanStocks

📉 @TAKKT_AG Q2/H1 2025: Weak results, as pre-announced
📦 No short-term demand recovery expected
⚠️ Challenging macro persists
✅ Still rated BUY – long-term potential intact
Full report: research-hub.de
#TAKKT $TTK #Earnings #IndustrialSupplies #ValueStock #GermanStocks
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🖥️ TeamViewer Q2 2025 Update 🔍 📈 Revenue +6%, Adj. EBITDA +17% → 44% margin 💪 💡 Strong cost control 📉 1E segment weak (rev. decline QoQ) 🎯 FY25 outlook confirmed ✅ BUY 👉Full report: research-hub.de #TeamViewer $TMV #TechStocks #Earnings #Software #Growth

🖥️ <a href="/TeamViewer/">TeamViewer</a> Q2 2025 Update 🔍
📈 Revenue +6%, Adj. EBITDA +17% → 44% margin 💪
💡 Strong cost control
📉 1E segment weak (rev. decline QoQ)
🎯 FY25 outlook confirmed
✅ BUY
👉Full report: research-hub.de
#TeamViewer $TMV #TechStocks #Earnings #Software #Growth