Effecten-Spiegel AG reports profit drop but keeps strong balance sheet in 2025
Effecten-Spiegel AG has announced its financial results for 2025, revealing a drop in net profit but maintaining a strong balance sheet. The company will hold its annual general meeting on May 22, 2026, in Düsseldorf, where shareholders will vote on a proposed dividend of €0.65 per share.
The company's net profit for 2025 fell to €2.498 million, down sharply from €11.099 million in 2024. This decline was largely due to the absence of one-off gains, including a legal settlement with Deutsche Bank and the sale of an equity stake in another firm. Despite this, the publishing division remained profitable, with results close to those of the previous year.
Cumulative gains from securities trading reached €4.693 million in 2025, though write-downs on financial and current assets amounted to €2.573 million. The net asset value (NAV) per share dropped to €19.62 by the end of 2025, compared to €21.84 in 2024. Over the past year, the company's stock performance declined by 25.36%, currently trading 24.46% below its 52-week high. Effecten-Spiegel AG remains debt-free, with no bank loans or credit liabilities. Its equity stood at €70.991 million at the end of 2025, giving it an equity ratio of 93.6%. The executive and supervisory boards have proposed a total dividend payout of €2.277 million, reflecting €0.65 per share. The company's financial stability and planned dividend distribution highlight its solid market position, even after a challenging year.
The annual general meeting on May 22, 2026, will finalise the dividend proposal. Shareholders will review the company's performance, including its debt-free status and high equity ratio. The outcome will determine the distribution of €2.277 million to investors.
