Germany: Weekly Earnings Summary 8. August
Last week, the German DAX 40 index rose by 1,22% as the earnings season continued. The reports showed several strong turnarounds and accelerating profit growth in the industrial, technology, and financial sectors, although some companies faced challenges, reflecting the market's selective optimism.
G24Scout24 (G24)
Scout24's operating profit grew by 57,0% in the second quarter, driven by successful B2B sales and new monetization opportunities. The strong result was also supported by the consolidation of the Spanish business unit. Despite the good results, the stock fell by 9,11% over the week, which may have been influenced by selling pressure from a major shareholder.
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