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Original-Research: Daldrup & Söhne - from Quirin Privatbank
Kapitalmarktgeschäft

07.04.2026 / 10:58 CET/CEST
Dissemination of a Research, transmitted by EQS News - a service of EQS
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invitation to conclude certain stock exchange transactions.

Classification of Quirin Privatbank Kapitalmarktgeschäft to Daldrup & Söhne

Company Name: Daldrup & Söhne
ISIN: DE0007830572

Reason for the research: update
Recommendation: Buy
from: 07.04.2026
Target price: 28.80
Last rating change:
Analyst: Ralf Marinoni

Prel. FY 2025 results: EBIT clearly above expectations

Daldrup & Söhne published preliminary figures for FY 2025: the group EBIT
reached approximately EUR 8.8m with an EBIT margin of ~17,4%. This margin is
unprecedented in Daldrup's history! We have adjusted our DCF model,
specifically lowering the risk parameters. Our new price target is now EUR
28.80 (previously: EUR 20.00), and our recommendation remains Buy.

You can download the research here:
https://eqs-cockpit.com/c/fncls.ssp?u=bb6aa6d1d0c0168dd9a57bc78a7eb7a1
For additional information visit our website:
https://research.quirinprivatbank.de/

Contact for questions:
Quirin Privatbank AG
Institutionelles Research
Schillerstraße 20
60313 Frankfurt am Main
research@quirinprivatbank.de
https://research.quirinprivatbank.de/

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2304118 07.04.2026 CET/CEST

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