Buy Or Sell Opportunity • Jul 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.6% to €28.80. The fair value is estimated to be €36.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Buy Or Sell Opportunity • Jul 08
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €28.95. The fair value is estimated to be €36.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Duyuru • Jun 01
technotrans SE Approves Election of Karine Brand to the Supervisory Board technotrans SE at its Annual General Meeting held on May 29, 2026 approved the election of Dr. Karine Brand to the Supervisory Board for a term ending at the 2030 Annual General Meeting. She has more than 30 years of international industry experience in thermal management as well as extensive expertise in the strategic leadership of globally active technology companies. Her market and technology knowledge in areas such as medical technology, analytics, electronics, data centres as well as refrigeration, air-conditioning and heating technology specifically strengthen the Supervisory Board’s expertise. Upcoming Dividend • May 25
Upcoming dividend of €0.83 per share Eligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €27.75, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Machinery industry in the United Kingdom. Total returns to shareholders of 8.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.59 per share. Reported Earnings • May 13
First quarter 2026 earnings released: EPS: €0.35 (vs €0.37 in 1Q 2025) First quarter 2026 results: EPS: €0.35 (down from €0.37 in 1Q 2025). Revenue: €54.9m (down 8.7% from 1Q 2025). Net income: €2.43m (down 5.5% from 1Q 2025). Profit margin: 4.4% (up from 4.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 21
technotrans SE, Annual General Meeting, May 29, 2026 technotrans SE, Annual General Meeting, May 29, 2026, at 10:00 W. Europe Standard Time. New Risk • Mar 27
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • Mar 26
Dividend increased to €0.83 Dividend of €0.83 is 57% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: €1.66 (vs €1.06 in FY 2024) Full year 2025 results: EPS: €1.66 (up from €1.06 in FY 2024). Revenue: €244.0m (up 2.5% from FY 2024). Net income: €11.5m (up 57% from FY 2024). Profit margin: 4.7% (up from 3.1% in FY 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 25
technotrans SE announces Annual dividend, payable on June 03, 2026 technotrans SE announced Annual dividend of EUR 0.8300 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €26.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total returns to shareholders of 65% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €19.11 per share. Duyuru • Nov 26
technotrans SE to Report Fiscal Year 2025 Results on Mar 24, 2026 technotrans SE announced that they will report fiscal year 2025 results on Mar 24, 2026 New Risk • Nov 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: €0.40 (vs €0.32 in 3Q 2024) Third quarter 2025 results: EPS: €0.40 (up from €0.32 in 3Q 2024). Revenue: €63.0m (up 4.6% from 3Q 2024). Net income: €2.77m (up 27% from 3Q 2024). Profit margin: 4.4% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €35.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.87 per share. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: €0.38 (vs €0.29 in 2Q 2024) Second quarter 2025 results: EPS: €0.38 (up from €0.29 in 2Q 2024). Revenue: €60.4m (up 1.9% from 2Q 2024). Net income: €2.61m (up 14% from 2Q 2024). Profit margin: 4.3% (up from 3.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €24.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 32% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €43.29 per share. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €21.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Machinery industry in the United Kingdom. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.01 per share. Upcoming Dividend • May 12
Upcoming dividend of €0.53 per share Eligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (2.4%). Reported Earnings • May 07
First quarter 2025 earnings released: EPS: €0.37 (vs €0.01 in 1Q 2024) First quarter 2025 results: EPS: €0.37 (up from €0.01 in 1Q 2024). Revenue: €60.1m (up 7.3% from 1Q 2024). Net income: €2.57m (up €2.51m from 1Q 2024). Profit margin: 4.3% (up from 0.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Apr 08
technotrans SE, Annual General Meeting, May 16, 2025 technotrans SE, Annual General Meeting, May 16, 2025, at 10:00 W. Europe Standard Time. Declared Dividend • Apr 04
Dividend reduced to €0.53 Dividend of €0.53 is 15% lower than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 03
technotrans SE announces Annual dividend, payable on May 21, 2025 technotrans SE announced Annual dividend of EUR 0.5300 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: €1.06 (vs €1.24 in FY 2023) Full year 2024 results: EPS: €1.06 (down from €1.24 in FY 2023). Revenue: €238.1m (down 9.2% from FY 2023). Net income: €7.32m (down 14% from FY 2023). Profit margin: 3.1% (down from 3.3% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: €0.32 (vs €0.33 in 3Q 2023) Third quarter 2024 results: EPS: €0.32 (down from €0.33 in 3Q 2023). Revenue: €60.2m (down 9.9% from 3Q 2023). Net income: €2.19m (down 4.1% from 3Q 2023). Profit margin: 3.6% (up from 3.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €19.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Machinery industry in the United Kingdom. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.91 per share. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: €0.29 (vs €0.16 in 2Q 2023) Second quarter 2024 results: EPS: €0.29 (up from €0.16 in 2Q 2023). Revenue: €59.3m (down 7.6% from 2Q 2023). Net income: €2.30m (up 107% from 2Q 2023). Profit margin: 3.9% (up from 1.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 15
Upcoming dividend of €0.62 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (2.1%). Declared Dividend • Apr 10
Dividend of €0.62 announced Shareholders will receive a dividend of €0.62. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €22.10, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Machinery industry in the United Kingdom. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.67 per share. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: €0.33 (vs €0.35 in 3Q 2022) Third quarter 2023 results: EPS: €0.33 (down from €0.35 in 3Q 2022). Revenue: €66.8m (up 7.4% from 3Q 2022). Net income: €2.29m (down 4.9% from 3Q 2022). Profit margin: 3.4% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Oct 12
technotrans SE Announces Board Changes technotrans SE announced the appointment of Mr. Florian Herger as member of the Supervisory Board Sassenberg, October 11, 2023 - By resolution dated September 29, 2023, the Local Court of Münster appointed Mr. Frian Herger as a new member of the Supervisory Board of technotrans SE on a temporary basis until e next Annual General Meeting.g. The legal appointment was made at the request of the Board of Management and the Chairman of the Supervisory Board, after the Supervisory Board member Mr. Sebastian Reppegather resigned from office for personal reasons with effect from August 31, 2023. With the appointment of Mr. Herger, the Supervisory Board again consists of six members. Mr. Herger is a proven financial expert with regards to his degrees in business administration, MBA and CFA as well as his many years of professional experience on the corporate, consulting and investor side. Currently, Mr. Herger is responsible for listed investments at Luxempart S.A. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €16.11, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total loss to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €19.72 per share. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €20.45, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Machinery industry in the United Kingdom. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.96 per share. Buying Opportunity • Aug 15
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €28.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 7.8% in 2 years. Earnings is forecast to grow by 71% in the next 2 years. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: €0.16 (vs €0.30 in 2Q 2022) Second quarter 2023 results: EPS: €0.16 (down from €0.30 in 2Q 2022). Revenue: €64.1m (up 12% from 2Q 2022). Net income: €1.11m (down 46% from 2Q 2022). Profit margin: 1.7% (down from 3.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Duyuru • Jul 29
Technotrans Se Announces Resignation of Sebastian Reppegather as Member of Supervisory Board technotrans SE announced that Supervisory Board member Sebastian Reppegather has informed technotrans SE that he is resigning from office for personal reasons pursuant to Section 12 (4) of the company's Articles of Incorporation, effective August 31, 2023. Mr. Reppegather had been a member of the Supervisory Board since May 13, 2022. The Board of Management and Supervisory Board thank Mr. Reppegather for his personal and professional commitment to the Supervisory Board of technotrans SE. Both bodies regret his departure and wish Mr. Reppegather all the best for the future. The Supervisory Board is still capable of passing resolutions and acting with the remaining five members. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: €0.32 (vs €0.29 in 1Q 2022) First quarter 2023 results: EPS: €0.32 (up from €0.29 in 1Q 2022). Revenue: €68.3m (up 20% from 1Q 2022). Net income: €2.20m (up 7.6% from 1Q 2022). Profit margin: 3.2% (down from 3.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in the United Kingdom. Upcoming Dividend • May 08
Upcoming dividend of €0.64 per share at 2.4% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (2.5%). Buying Opportunity • Apr 05
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €33.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: €1.29 (vs €1.02 in FY 2021) Full year 2022 results: EPS: €1.29 (up from €1.02 in FY 2021). Revenue: €238.2m (up 13% from FY 2021). Net income: €8.90m (up 27% from FY 2021). Profit margin: 3.7% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Dec 08
Now 21% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be €33.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.4%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 53% in the next 2 years. Reported Earnings • Aug 11
First half 2022 earnings released: EPS: €0.59 (vs €0.50 in 1H 2021) First half 2022 results: EPS: €0.59 (up from €0.50 in 1H 2021). Revenue: €113.9m (up 9.0% from 1H 2021). Net income: €4.09m (up 18% from 1H 2021). Profit margin: 3.6% (up from 3.3% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.8%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 09
Upcoming dividend of €0.51 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.8%). In line with average of industry peers (2.0%). Reported Earnings • Mar 15
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.02 (up from €0.72 in FY 2020). Revenue: €211.1m (up 11% from FY 2020). Net income: €7.02m (up 42% from FY 2020). Profit margin: 3.3% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 5.4%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €22.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Machinery industry in the United Kingdom. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.19 per share. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS €0.23 (vs €0.09 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €51.6m (up 20% from 2Q 2020). Net income: €1.57m (up 143% from 2Q 2020). Profit margin: 3.0% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Executive Departure • Aug 04
CFO & Member of Executive Board Dirk Engel has left the company On the 31st of July, Dirk Engel was replaced as CEO by Michael Finger after 2.4 years in the role. As of March 2021, Dirk still personally held 22.50k shares (€256k worth at the time). A total of 3 executives have left over the last 12 months. Under Dirk's leadership, the company delivered a total shareholder return of -62%. Executive Departure • May 12
Chairman of Supervisory Board Heinz Harling has left the company On the 7th of May, Heinz Harling's tenure as Chairman of Supervisory Board ended after 13.0 years in the role. As of December 2020, Heinz personally held 64.85k shares (€1.6m worth at the time). A total of 3 executives have left over the last 12 months. Upcoming Dividend • May 03
Upcoming dividend of €0.36 per share Eligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (1.9%). Reported Earnings • Mar 11
Full year 2020 earnings released: EPS €0.72 (vs €0.88 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €190.5m (down 8.4% from FY 2019). Net income: €4.96m (down 19% from FY 2019). Profit margin: 2.6% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 5.8% while theMachinery industry in the United Kingdom is not expected to grow. Executive Departure • Feb 02
CSO, Head of Service & Member of Executive Board has left the company On the 31st of January, Hendirk Niestert's tenure as CSO, Head of Service & Member of Executive Board ended after 3.0 years in the role. We don't have any record of a personal shareholding under Hendirk's name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 40% share price gain to €28.00, the stock is trading at a trailing P/E ratio of 53.6x, up from the previous P/E ratio of 38.3x. This compares to an average P/E of 26x in the Machinery industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 33%. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS €0.10 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €46.3m (down 8.9% from 3Q 2019). Net income: €661.0k (down 69% from 3Q 2019). Profit margin: 1.4% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. 
