Bank-In­de­pen­dent In­vest­ment Hou­se, GBC AG

GBC AG

Research study based on publicly available financial figures. Includes a description of the business performance, forecasts and a valuation model.

Bank-In­de­pen­dent In­vest­ment Hou­se

GBC AG, headquartered in Augsburg, is one of the leading bank-independent investment houses in Germany and an experienced issuing expert for German SMEs.

As an owner-managed company, GBC AG knows the financing needs of German SMEs and is an independent and reliable partner for all capital market issues.

Within the GBC Group, GBC AG offers corporate analysis & research, capital market & financing consulting as well as capital market conferences.

GBC Kapital GmbH complements the services in the group with corporate finance in the areas of placement & brokerage of bonds and shares.

Equity Bottom-Up

<ul><li>In the first six months of 2026, PFISTERER achieved a strong jump in sales of 20.2% to €256.70 million (previous year: €213.56 million).</li><li>Following significant sales growth in the first quarter (+26.7%), the growth momentum remained high in the second quarter at +14.5%.</li><li>The slowdown in the growth rate is mainly attributable to weak revenue in the first quarter of 2025, which was still affected by a fire-related production stoppage.</li></ul>

In the first six months of 2026, PFISTERER achieved a strong jump in sales of 20.2% to €256.70 million (previous year: €213.56 million).Following significant sales growth in the first quarter (+26.7%), the growth momentum remained high in the second quarter at +14.5%.The slowdown in the growth rate is mainly attributable to weak revenue in the first quarter of 2025, which was still affected by a fire-related production stoppage.

Research report Update - Pfisterer Holding SE - 25.08.26

PFISTERER Holding

Research report Update - Pfisterer Holding SE - 25.08.26