Teamviewer: Better Than Expected. The Enterprise Business has Grown by 19% and Recorded new Major Industrial Orders!
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The enterprise segment has grown by 19%. There is a high level of interest in the software for remote maintenance and AR. Customers are increasingly entering into contracts with longer terms! The margin will increase significantly from the 3rd quarter due to the reduced ManU sponsorship. Teamviewer generates strong free cash flows. The P/E25e of 13.5 is favorable. Teamviewer (A2YN90) is on the verge of a comeback, as growth in the enterprise business is convincing and interest in Teamviewer solutions is increasing. In the second quarter, Teamviewer...
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