Deutsche Grundstücksauktionen

DB: DGR

€22.4m market cap

€13.8 last close

Deutsche Grundstücksauktionen (DGA) is market leader in the auctioning of properties in Germany. The company was founded in Berlin in 1984.

Investment summary

In H120, Deutsche Grundstücksauktionen (DGA) reported a more than 51% y-o-y improvement in revenue from auction sales to €2.9m on a standalone basis. However, this increase was largely offset by the muted performance of its subsidiaries, with total group commission income up c 2% y-o-y to €5.8m. With a high volume of new admissions for Q320, amounting to €36.1m, the company expects the next quarter to be solid. Nevertheless, due to pandemic-driven market uncertainties, management is not providing FY20 guidance.

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Share price graph
Price performance
%
1m
3m
12m
Actual 26.1 19.7 (15.2)
Relative* 30.7 14.8 (17.2)
52-week high/low €16.7/€8.1
*% relative to local index
Key management
Stefan Powels Corporate Communications