We are hosting our 27th German Investment Seminar in New York from 13 to 15 January 2025. In total, 66 companies are participating. Below, we provide some of our initial feedback on the companies, which were present on day two. Among these companies which were presented during the second day, we notably highlight positive feedback on Adidas, Daimler Truck, Evonik, Fuchs, Hensoldt, Jungheinrich, Lanxess, Qiagen, Renk, Rheinmetall and Siemens Healthineers.
>Will the spark for firmer demand come from politics? - The climate for intralogistics has not brightened at all so far and the industry seems to be sitting and waiting for a catalyst. Jungheinrich (JUN3), in our view, expects some of this to come from US and European policymakers, hopefully creating a better investment environment for its customers. Specifically, we took from the conference call that JUN3 expects a new German government to support the economy and tha...
>Headline KPIs: Q3 P&L metrics broadly in line with expectations - Order intake intralogistics came to € 1,266m (ODDO BHFe: € 1,250m, Visible Alpha css € 1,257.2m), about 1% ahead of our expectation and the consensus (css). Group sales came to € 1,301m (ODDO BHFe: € 1,297m, css € 1,352.5m), and was thus in line with our forecast, but below consensus by 3%. EBIT was released at € 105.7m (ODDO BHFe: € 103m, css € 106.7m), 3% ahead of our projection, and 1% below css. ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.