XTRA:ADS
XTRA:ADSLuxury

Adidas €1b Buyback Puts Management Confidence And Investor Trade Offs In Focus

Adidas has launched a €1b share buyback program, signaling renewed confidence from management. The program comes alongside record annual revenues and strong demand across key product lines. Adidas plans to fund the buyback from expected cash flow, reflecting its current financial position. For investors watching XTRA:ADS, the new buyback comes at a time when the share price sits at €149.15 and longer term returns have been mixed. The stock is up 3.8% over the past week, but shows declines...
XTRA:RDC
XTRA:RDCConsumer Retailing

Assessing Redcare Pharmacy (XTRA:RDC) Valuation After PoPP Confirms Shop Apotheke Role In Germany’s E Prescription Rollout

Gematik’s draft PoPP specifications keep Redcare Pharmacy (XTRA:RDC) at the center of Germany’s e-prescription rollout, with its Shop Apotheke app confirmed for continued, PIN free digital prescription redemption and future digital ID integration. See our latest analysis for Redcare Pharmacy. The PoPP news lands after a volatile stretch for Redcare Pharmacy, with the share price up 4.69% over one day and 5.84% over seven days, while showing a 30 day share price return of 5.30% and a year to...
XTRA:CBK
XTRA:CBKBanks

Commerzbank Tier 2 Green Bond Highlights ESG Push And Macro Outlook

Commerzbank (XTRA:CBK) has completed a substantial fixed income green bond aligned with the Climate Bonds Initiative. The transaction is intended to support sustainable finance activities and contribute to the bank's capital structure. Alongside the deal, Commerzbank has shared views on current global financial and geopolitical developments. The bank is also commenting on potential changes at the U.S. Federal Reserve, including the possible appointment of a new chair. For you as an...
XTRA:EDL
XTRA:EDLEntertainment

Edel SE KGaA (XTRA:EDL) Margin Improvement Tests Cautious Growth Narratives

Edel SE KGaA (XTRA:EDL) has opened FY 2025 with first half revenue of €128.1 million, basic EPS of €0.25 and net income of €5.4 million, setting a measured tone after a steady run of trailing results. The company has seen revenue move from €129.3 million in the first half of FY 2024 to €129.3 million in the second half and then to €128.1 million in the latest half. Basic EPS has shifted from €0.27 to about €0.25 over the same sequence, which leaves investors weighing modest top line movement...
XTRA:NEM
XTRA:NEMSoftware

Nemetschek’s AI-Focused Acquisitions and Record 2025 Revenue Might Change The Case For Investing In Nemetschek (XTRA:NEM)

Nemetschek Group has reported past fiscal 2025 results that exceeded its already raised revenue and profitability targets, with currency-adjusted growth of 22.6% and annual revenue surpassing €1.00 billion for the first time. By coupling this record performance with AI-focused innovations and acquisitions such as Firmus AI, Nemetschek is reinforcing its role in the digitalization of the construction industry. Next, we’ll examine how Nemetschek’s AI-driven expansion and record revenue...
XTRA:SIS
XTRA:SISSemiconductor

First Sensor (XTRA:SIS) Quarterly Earnings Volatility Challenges Recovery Narratives

First Sensor (XTRA:SIS) has wrapped up FY 2025 with fourth quarter revenue of €34.5 million and a basic EPS loss of €0.50, against a trailing twelve month revenue base of €106.6 million and a TTM basic EPS loss of €0.79 that keeps the story firmly in loss making territory. Over recent periods, quarterly revenue has ranged from €19.8 million to €34.5 million while basic EPS has swung from a €0.77 profit in Q1 2025 to losses of €0.26, €0.81 and €0.50 in the following quarters. This gives...
XTRA:BMW
XTRA:BMWAuto

BMW Leadership Shuffle In Key Markets And What It May Mean

BMW (XTRA:BMW) has announced major executive appointments in key global markets. The changes include new Presidents for China, Latin America, and Germany. These appointments affect the company’s Sales and Marketing organization across several core regions. BMW, through its BMW, MINI, and Rolls Royce brands, is a large global player in premium vehicles and mobility services. Shifts in senior leadership across China, Latin America, and Germany put fresh decision makers in charge of pricing,...
XTRA:HEN3
XTRA:HEN3Household Products

Henkel Talks Stahl Deal To Rebalance Portfolio Toward Specialty Coatings

Henkel KGaA (XTRA:HEN3) has confirmed it is in acquisition discussions with Wendel SE regarding Stahl Holdings B.V. The company described the talks as ongoing, with no binding agreement announced at this stage. The confirmation marks a new development in Henkel's merger and acquisition activity that had not been publicly detailed before. Henkel KGaA, trading at €74.16, comes into these talks with a mixed share price record, including a 22.5% return over 3 years, a 9.2% decline over the past...
XTRA:HEI
XTRA:HEIBasic Materials

Is Heidelberg Materials' Governance Update Masking a Deeper Shift Toward Sustainable Materials Leadership (XTRA:HEI)?

In late January 2026, Heidelberg Materials AG issued regulatory announcements under Article 41 of the WpHG confirming an updated total of 176,365,065 voting rights without multiple voting rights. At the same time, the company’s profile has been highlighted in research on the rapidly expanding cement and construction stone markets, where demand for sustainable, technology-enhanced building materials is becoming increasingly important. We will now examine how this combination of routine...
XTRA:SAP
XTRA:SAPSoftware

SAP (XTRA:SAP) Margin Surge And 134.5% EPS Growth Test Long‑Term Skepticism

SAP (XTRA:SAP) has wrapped up FY 2025 with fourth quarter revenue of €9.7b and basic EPS of €1.58, alongside trailing twelve month revenue of €36.8b and EPS of €6.28 that sit against reported earnings growth of 134.5% over the last year. The company has seen revenue move from €34.2b on a trailing basis at the end of 2024 to €36.8b by the close of 2025, while EPS on the same basis shifted from €2.68 to €6.28 as net margin widened from 9.1% to 19.9%. This has set up a results season in which...
XTRA:AOF
XTRA:AOFSoftware

The Bull Case For ATOSS Software (XTRA:AOF) Could Change Following Its 20th Record Year And AI Push

ATOSS Software SE reported its twentieth consecutive record year in 2025, driven by a 28% year-over-year increase in cloud and subscription revenues and supported by a strong liquidity position for continued investment. The company is also incorporating artificial intelligence into its offerings, with AI-enabled services already influencing customer decisions and forming a core pillar of its product roadmap. Next, we will examine how ATOSS Software’s rapid cloud and subscription expansion...
XTRA:WCH
XTRA:WCHChemicals

A Look At Wacker Chemie (XTRA:WCH) Valuation As PACE Cost Program Targets Long-Term Profitability Shift

PACE cost program shifts the focus for Wacker Chemie (XTRA:WCH) Wacker Chemie (XTRA:WCH) has launched its largest cost reduction program, PACE, after reporting 2025 results in line with expectations but under pressure from weak demand, lower capacity utilization and unfavorable currency effects. See our latest analysis for Wacker Chemie. The PACE announcement comes after a mixed run for investors, with the share price at €68.65, a 1-day share price return of 1.70% but a year to date share...
XTRA:OHB
XTRA:OHBAerospace & Defense

OHB (XTRA:OHB) Is Up 72.8% After Lifting Multi‑Year Revenue and Margin Guidance – What's Changed

In January 2026, OHB SE raised its earnings guidance for 2026 and 2027 and issued new 2028 targets, projecting revenues of about €1,400 million, €1,700 million and €2,000 million respectively, with EBIT margins around 8–9%. This multi-year outlook gives investors clearer visibility into OHB’s expected scale and profitability, highlighting management’s confidence in the company’s future operations. Next, we’ll examine how OHB’s higher multi-year revenue and margin guidance reshapes the...
XTRA:MRK
XTRA:MRKPharmaceuticals

Merck KGaA (XTRA:MRK) Valuation Check As Electronics Leadership Shifts Toward Semiconductors

Merck KGaA (XTRA:MRK) has put its Electronics business and semiconductor focus in the spotlight after appointing Benjamin Hein as sector chief executive and executive board member, succeeding incoming group CEO Kai Beckmann. See our latest analysis for Merck KGaA. Merck KGaA’s leadership reshuffle in the Electronics segment comes as the share price sits at €125.55, with a 90 day share price return of 10.67% and a 1 year total shareholder return of a 12.66% decline, suggesting recent momentum...
XTRA:YSN
XTRA:YSNIT

Why secunet Security Networks (XTRA:YSN) Is Up 15.8% After Strong 2025 Outlook Beat And Defence Surge

secunet Security Networks has released preliminary 2025 results showing revenue and order intake at the upper end of its outlook, driven by strong growth in the Public Sector and Defence&Space activities alongside improving trends in the Business Sector. The Management Board’s expectation of further revenue and earnings growth for 2026 underscores how public-sector security demand is increasingly shaping secunet’s business profile. We’ll now look at how secunet’s strong Defence&Space...
XTRA:TMV
XTRA:TMVSoftware

Assessing TeamViewer (XTRA:TMV) Valuation After New Thrive Partnership On Proactive IT Support

Thrive partnership shifts focus toward proactive IT support TeamViewer (XTRA:TMV) has announced a new partnership with managed services provider Thrive, integrating its Digital Employee Experience capabilities into Thrive’s ServiceNow based NextGen platform to support earlier issue detection and more automated IT operations. See our latest analysis for TeamViewer. Despite the Thrive partnership highlighting TeamViewer’s role in remote connectivity and automation, recent share price momentum...
XTRA:SIE
XTRA:SIEIndustrials

Siemens’ Automation and Energy Storage Push Might Change The Case For Investing In Siemens (XTRA:SIE)

In late January 2026, Siemens was highlighted across several industry reports for advancing robotics for data centers, AI-driven construction analytics, innovative electric control panels, and modular battery energy storage systems. These developments underscore how Siemens is embedding automation, AI, and grid-support technologies across infrastructure and energy markets, reinforcing its role as a key technology enabler. We’ll now examine how Siemens’ push into modular battery energy...