Daldrup & Söhne

DB: 4DS

€11.8m market cap

€1.98 last close

Daldrup & Söhne AG is an onshore drilling and environmental services company, with vertically integrated competences in geothermal projects (from feasibility study, permitting and constructing to power supply contracting). It is seeking to create predictable revenue stream as an independent power producer.

Investment summary

FY19 was a year of significant change for Daldrup & Söhne (D&S), marked by the disposal of Geysir Europe. With a strengthened balance sheet, a renewed focus on its drilling activities, a healthy order book and further improvements to internal control mechanisms targeted, the management board (and consensus forecasts) expect an improvement in profitability in FY20.

Sector
Industrials
Share price graph
Price performance
%
1m
3m
12m
Actual (4.6) (11.4) (28.2)
Relative* (6.9) (26.0) (35.1)
52-week high/low €4.4/€2.0
*% relative to local index
Key management
Falk von Kriegsheim IR Manager
Josef Daldrup Vorstandsvorsitzender