Deutsche Beteiligungs AG : Profit warning for Q1 2018-19, full year guidance threatened by capital markets development
>Net income will be clearly negative in Q1 - In our update from 7 September 2018, we downgraded DBAG’s share to Neutral as we anticipated lower exit multiples for DBAG in the future, also due to possibly deteriorating stock market valuation levels. On 14 January 2019, Deutsche Beteiligungs AG (DBAG) now announced that there are indications that the lower valuation levels on the capital markets will burden the valuation result in Q1 2018-19 (1 October – 31 December 201...Deutsche Beteiligungs is an investment company. Co. raises closed-end private equity funds (DBAG funds) for investments in equity or equity-like financial instruments primarily in non-quoted companies. Co. invests as a co-investor in companies alongside DBAG funds by way of majority takeovers or minority investments. Co. basically structures majority takeovers as so-called management buyouts. Expansion capital financings are made by way of a minority investment, for example, via a capital increase. Geographically, Co. concentrates its investments primarily on companies domiciled in German-speaking regions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.