09. May 2025 Buy

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

09. May 2025 Buy Orders surge & outlook confirmed

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

06. May 2025 Buy Raising price target on margin forecast upgrades

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

06. May 2025 Buy

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

02. May 2025 Hold

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

30. Apr 2025 Buy

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

10. Apr 2025 Buy FY 2024 results; Disruption absorbed, structural growth intact

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

Investor Relations Contact

  • Karsten Pierschke Head of Investor Relations and Corporate Communications
    PSI Software SE
    Dircksenstraße 42-44
    10178 Berlin
    Germany