XTRA:HAG
XTRA:HAGAerospace & Defense

Why Hensoldt (XTRA:HAG) Is Down 5.0% After Cutting Its 2025 Revenue Guidance

Hensoldt AG recently lowered its earnings guidance for 2025, now expecting revenue to total approximately €2.50 billion versus the prior outlook of €2.50 billion to €2.60 billion. This downward revision in revenue expectations signals management's more cautious outlook amid changing market conditions and could shift investor sentiment. We will explore how Hensoldt's revised outlook may challenge the earlier investment narrative, particularly around confidence in future revenue growth. We've...
XTRA:MUV2
XTRA:MUV2Insurance

Should Munich Re’s Move Into US Wireless Infrastructure Influence Decisions by XTRA:MUV2 Investors?

In late October 2025, MEAG, acting for Munich Re, joined Meritage Group LP and Ullico Infrastructure Fund as equity investors in TowerPoint Infrastructure Partners LLC, a leading private owner of US wireless infrastructure assets. This investment highlights Munich Re's move to diversify its assets and tap into the rising demand for digital infrastructure in the United States. Next, we'll explore how Munich Re's entry into US wireless infrastructure could strengthen its diversification...
XTRA:DRW3
XTRA:DRW3Medical Equipment

Dräger (XTRA:DRW3) One-Off Gains Challenge Margin Improvement Narrative Despite Modest Earnings Growth

Drägerwerk KGaA (XTRA:DRW3) posted current net profit margins of 3.5%, edging out last year’s 3.4% as earnings grew 6.6% over the past year. Looking ahead, annual earnings are forecast to rise 9.3% with revenues set to increase 3.6% yearly. However, these rates trail broader German market expectations. Investors are weighing ongoing margin improvements and a valuation that sits well below both industry and peer averages, all amid questions about the sustainability of recent gains. This comes...
XTRA:RDC
XTRA:RDCConsumer Retailing

Redcare Pharmacy (XTRA:RDC): Valuation Perspectives After Nine-Month Sales Growth and Narrowed Net Loss

Redcare Pharmacy (XTRA:RDC) just released its earnings for the first nine months of 2025, showing sales growth to €2,145.71 million and a narrowed net loss of €8.71 million compared to last year. See our latest analysis for Redcare Pharmacy. Redcare Pharmacy’s latest earnings update arrives as the share price continues to face headwinds, sliding nearly 46% year-to-date. While the recent results point to real progress on revenue growth and loss reduction, the market remains cautious. With a...
XTRA:G24
XTRA:G24Interactive Media and Services

Scout24 (XTRA:G24) Margins Narrow to 28.1%, Challenging Optimistic Growth Narratives

Scout24 (XTRA:G24) reported a revenue growth forecast of 10.2% per year, surpassing the broader German market's projected 6% expansion. Over the past five years, the company’s earnings have increased at an average annual rate of 17.1%, though this slowed to just 3% in the most recent year. Net profit margins narrowed to 28.1% from last year’s 30.6%, providing investors with a balanced view of sustained growth, along with some margin compression to monitor moving forward. See our full analysis...
XTRA:KBX
XTRA:KBXMachinery

Knorr-Bremse (XTRA:KBX) Margin Drop Reinforces Profitability Concerns Despite Robust Growth Guidance

Knorr-Bremse (XTRA:KBX) is guiding for robust earnings growth of 15.55% per year, while revenue is forecast to increase 5.4% annually. Yet, the company’s net profit margin stands at 5.3%, down from 7.4% last year, reflecting a trend of earnings contraction with a 2.8% yearly decline over the past five years. Shares are currently trading at €80.7, well below the estimated fair value of €111.65, and the price-to-earnings ratio of 30.8x is lower than direct peers but higher than the wider German...
XTRA:BAS
XTRA:BASChemicals

BASF (XTRA:BAS) Turns Profitable, but One-Off Loss Raises Doubts on Earnings Quality

BASF (XTRA:BAS) has returned to profitability, with net profit margins improving compared to last year. Over the past five years, however, the company’s earnings have declined by an average of 16.6% per year. Looking ahead, BASF’s earnings are forecast to grow at 19.4% annually, exceeding the German market’s average of 16.7%. However, anticipated revenue growth of 2.4% lags behind the expected 6.1% rate for the broader German market. Investors face a mixed picture as they weigh signs of...
XTRA:EOAN
XTRA:EOANIntegrated Utilities

How Investors Are Reacting To E.ON (XTRA:EOAN) Teaming With Nokia on Greener Grid Technology

Nokia recently announced a multi-year partnership with E.ON SE to upgrade the utility's mission-critical telecommunications network infrastructure across Germany, targeting improved automation, flexibility, and energy savings. The project positions E.ON’s grid, which already connects 1.4 million renewable energy plants, as a benchmark for secure, energy-efficient digital infrastructure supporting Europe’s energy transition. We’ll explore how E.ON’s collaboration with Nokia to cut network...
XTRA:VOS
XTRA:VOSMachinery

Does Vossloh (XTRA:VOS) Face a Strategic Test Amid Deutsche Bahn Project Delays?

Earlier this week, Kepler Cheuvreux downgraded Vossloh AG from Buy to Hold, citing valuation concerns following a strong rally and highlighting potential delays in infrastructure projects by Deutsche Bahn, Vossloh’s key customer. This move has drawn attention to how reliant Vossloh is on timely execution of its main customer’s investment plans, elevating focus on the near-term business outlook. We’ll explore how the analyst’s concerns about delays in Deutsche Bahn’s infrastructure projects...
XTRA:ZAL
XTRA:ZALSpecialty Retail

A Look at Zalando (XTRA:ZAL) Valuation Following Anna Dimitrova’s Appointment as CFO

Zalando (XTRA:ZAL) just named Anna Dimitrova as its new Chief Financial Officer. The company is bringing in a seasoned finance leader as it sharpens its focus on growth and its evolving e-commerce strategy. See our latest analysis for Zalando. Zalando’s shares have faced a challenging run in 2024, with a 1-year total shareholder return of -10.8% and a 5-year total return of -71.9%. This reflects ongoing pressure across the sector despite recent leadership changes. While the latest executive...
XTRA:HFG
XTRA:HFGConsumer Retailing

HelloFresh (XTRA:HFG): Losses Deepen but 88% Forecast Earnings Growth Sets Up Profitable Turnaround Narrative

HelloFresh (XTRA:HFG) extended its loss-making streak this year, with net losses compounding at an alarming 70.3% annual rate over the past five years and no reported improvement in profitability. Despite these persistent losses and a modest 1.8% revenue growth forecast—well behind the German market’s 6% pace—the company is expected to turn profitable within three years. Forecasted earnings growth is 87.98% per year, a rate well above average. Shares are trading at €7.12, a sharp discount to...
XTRA:1COV
XTRA:1COVChemicals

Covestro (XTRA:1COV) Forecasted to Return to Profitability with 98% Annual Earnings Growth Expected

Covestro (XTRA:1COV) remains in the red, with losses deepening at an annualized rate of 53% over the past five years. Despite that backdrop, the company’s outlook remains compelling for investors: revenue is expected to grow 3.5% per year, while earnings are forecast to bounce back at a rapid 98.16% per year. This positions Covestro on track for profitability within three years. Shares are currently trading at €59.84, below an estimated fair value of €68.78 and lower than peer and sector...
XTRA:LHA
XTRA:LHAAirlines

Lufthansa (XTRA:LHA) Margin Expansion Reinforces Value Narrative Despite Slower Projected Growth

Deutsche Lufthansa (XTRA:LHA) posted an annual earnings growth rate of 68.1% over the past five years, with its net profit margin rising to 4.6% from 3.3% a year earlier. While forward-looking forecasts call for earnings to climb by 3.85% per year and revenue to rise 3.7% annually, both metrics lag behind broader German market expectations. Still, the combination of improved profitability and a Price-to-Earnings ratio of 5.1x, well below industry peers and the global airline average, makes...
XTRA:SY1
XTRA:SY1Chemicals

Symrise (XTRA:SY1): Exploring Valuation After Q3 2025 Sales Growth and Outlook Update

Symrise (XTRA:SY1) shared its third quarter 2025 sales results, reporting organic growth of 1.4% despite tough year-on-year comparisons and the impacts of portfolio changes and currency fluctuations. Investors are watching how sustained project activity influences outlook. See our latest analysis for Symrise. Symrise shares are down 28.3% year-to-date, while the total shareholder return over the past year has dipped 32.8%. The latest positive sales update and a strong project pipeline have...