IONOS inspires with forecast increase, achieves strong free cash flows and invests in AI applications!

Ionos again delivers as planned for the IPO. The increase in the margin forecast from 27% to 27.5% is a positive surprise. At EUR 174.1 million, FCF is flowing strongly. The IPO price of 18.50 euros should be reached again. The business is growing, the margin is increasing, FCF is strong and the valuation is favorable with a P/E ratio of 10.5. This week we added Ionos to our model portfolio, as the valuation was attractive after the recent price decline. In addition, Berenberg Bank published a study pointing to strong figures and US competitor...