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Investor Relations

Analyst Ratings

Investor Relations Analyst Ratings

August 5, 2025 Buy Further growth in difficult environment

GSC Research GmbH
Thorsten Renner
Tiergartenstraße 17
40237 Düsseldorf
t.renner@gsc-research.de
The report is available in German only.

Download GSC_Research_05.08.2025.pdf

August 5, 2025 Buy On track to reach 2025 guidance

First Berlin Equity Research Group
Simon Scholes
Mohrenstraße 34
10117 Berlin
s.scholes@firstberlin.com

Download First_Berlin_05.08.25e.pdf

August 5, 2025 Buy Incoming orders in H1'25 > € 210 million - Metals segment weakens in Q2

Solventis Beteiligungen GmbH
Klaus Schlote
Am Rosengarten 4
55131 Mainz
kschlote@solventis.de
The report is available in German only.

Download Solventis_05.08.25d.pdf

August 4, 2025 Hold Mixed picture in Q2 / Still a long way to the new mid-term targets / FV 29

DZ BANK AG
Thorsten Reigber
Am Platz der Republik
60265 Frankfurt
The report is available in German only.

Download DZ-Bank_04.08.25d.pdf

July 31, 2025 Kaufen Strong rise in orders, efficiency gains from 2026 likely

Quirin Privatbank AG
Sebastian Droste
Schillerstraße 20
60313 Frankfurt am Main
sebastian.droste@quirinprivatbank.de

Download Quirin_31.07.2025.pdf

July 30, 2025 Buy

Pareto Securities AS
Dr. Knud Hinkel
Gräfstraße 97
60487 Frankfurt am Main
knud.hinkel@paretosec.com

June 16, 2025 Buy Strong Q1 Execution; Cloud Strategy and E.ON Partnership Enhance Long-Term Visibility

DR. KALLIWODA RESEARCH GmbH
Dr. Norbert Kalliwoda
Arndtstraße 47
60325 Frankfurt
research@kalliwoda.com

Download Kalliwoda16.06.25e.pdf