PARMANTIER & CIE.

“It is more blessed to give than to receive.” – Acts 20:35 This Christmas season, we have embraced the spirit of giving by supporting organizations and institutions that make a meaningful impact on the lives of others. We are proud to share that our contributions this year have been directed to the following: University Hospital Frankfurt am Main, Neonatology Department https://lnkd.in/dttF9XBm Serbian Orthodox Church, Frankfurt am Main https://lnkd.in/dHzEwBrp Hospizhilfe Goldener Grund e.V., Bad Camberg https://lnkd.in/dubF942m Glückshunde e.V., Ransbach-Baumbach https://lnkd.in/dMV-2NvD Franziskustreff-Stiftung, Frankfurt am Main https://lnkd.in/eaiQdkVr These donations reflect our gratitude and commitment to supporting our community and those in need. May this season of love and generosity bring you and your loved ones peace, joy, and countless blessings. Wishing you a Merry Christmas and a Happy New Year!

"We Believe in German Mittelstand: Impulses for an Economic Turnaround" Yesterday, PARMANTIER & CIE. attended the Frankfurt School of Finance & Management to discuss the future of the German economy with Christian Lindner, chairman of the FDP Freie Demokraten and former Federal Minister of Finance. Under the guiding motto “It’s the economy, stupid!”, Mr. Lindner delivered an inspiring keynote speech, outlining potential paths out of the current economic stagnation. The pressing question remains: How can Germany regain its innovative strength and global competitiveness? Current data highlights the urgency of the situation: In October 2024, the number of corporate insolvency filings in Germany rose by 22.9% compared to the previous year. (Source: Federal Statistical Office) In the first three quarters of 2024, business formations dropped by one-third compared to the same periods in previous years. (Source: Federal Statistical Office) The simultaneous rise in insolvencies and the stagnation of new business formations underscore the structural challenges facing our economy. Increasingly challenging conditions are placing significant pressure on existing businesses, while potential entrepreneurs hesitate to embark on new ventures. Germany needs change. At PARMANTIER & CIE., we firmly believe in the strength of German Mittelstand and are committed to supporting both new business ideas and established companies. However, without a decisive economic policy shift, Germany risks losing its reputation as a nation of poets, thinkers, and innovators. Now is the time for bold decisions. #Economy #FrankfurtSchool #Innovation #Mittelstand #ParmantierCie #Future

The Light Industrial Sector: A Rising Star in Recent Years on the German Real Estate Market, Now Even More Attractive Due to the Economic Downturn in Germany’s SME Sector The light industrial sector has established itself in Germany as an increasingly attractive asset class, particularly for investors focused on sustainable growth and flexibility. Light industrial properties include multifunctional buildings that serve not only as distribution and storage facilities but also as spaces for production and administration. These properties enable companies to streamline their operations by integrating production, storage, and logistics under one roof. Currently, the market for light industrial properties in Germany is demonstrating impressive momentum. Driven by rising demand for flexible spaces and the need to optimize logistical processes, we are witnessing a growing scarcity of ideal offerings. At PARMANTIER & CIE. , we have successfully completed several sale-and-leaseback transactions over the past 12 months, providing valuable solutions for both companies and investors. For us, it is clear: sustainable lease agreements with solid medium-sized enterprises and a well-founded tenant selection are the foundation for long-term stability and success. Investors should seize these opportunities. The SME sector will recover, and a political shift in Germany will strengthen the backbone of the country’s economy. Our expertise in the light industrial real estate sector spans the entire German market. We understand the specific requirements and potential of this asset class and specialize in developing tailored solutions for the sale and brokerage of corporate properties. Thanks to our extensive network and deep market knowledge, we can provide optimal support for selling your property—whether to achieve short-term profits or implement long-term strategies. 🚀 Opportunities in Uncertain Times Economic and geopolitical uncertainties have led to adjusted market valuations. We see this as an opportunity: more realistic prices open up new possibilities for strategic acquisitions. Our Mission As a reliable partner, PARMANTIER & CIE. focuses on identifying opportunities in a complex market environment. Our goal is to create sustainable value for our investors and partners—through in-depth analyses, innovative approaches, and a clear focus on long-term success. 💬 Your Perspective Matters! How are you experiencing the current developments in the real estate industry? We look forward to engaging in discussions and gaining fresh insights in the comments. We believe in German Mittelstand!!! #RealEstate #InvestmentOpportunities #LightIndustrial #CommercialRealEstate #Innovation #Sustainability #RealEstateMarket2024 #ParmantierCie

PARMANTIER & CIE. at the FS Business Forum – A Glimpse into the Future! We had the pleasure of attending the FS Business Forum at the Frankfurt School of Finance & Management, an event enriched by remarkable personalities and inspiring discussions. A special highlight was Philipp Glonner, CEO and Co-Founder of ARTHUR BUS. Philipp offered fascinating insights into his company and the journey of a young business in Germany. His presentation underscored the importance of courage and innovation, especially in light of the challenges that start-ups often face in Germany. It’s inspiring to see how he and his team are redefining the future of mobility. Equally impressive was Ertan Can, founder of Multiple Capital. With over 30 years of experience in the venture capital sector, Ertan has established more than 50 funds managing thousands of portfolio companies. His approach to empowering smaller VC funds and supporting young entrepreneurs is a vital contribution to Europe’s and Germany’s innovation ecosystem. Another highlight was the speech by Dr. Marco Buschmann, former Federal Minister of Justice. Against the backdrop of current political developments, his talk provided valuable perspectives, emphasizing the critical need for investment in education and innovation to build a brighter future. We at PARMANTIER & CIE. were proud to sponsor the “Coffee-Bike” series and connect with the future leaders of Germany. This is precisely what the country needs: fresh ideas, groundbreaking innovations, and individuals ready to drive change. A big thank you to the organizers and to Philipp Glonner and Ertan Can for enriching the event with their inspiring contributions. Together, we can build the bridge to an innovative and successful future! 🚀 #Innovation #FutureLeadership #VentureCapital #Startups #FSBusinessForum #Entrepreneurship #ArthurBus #MultipleCapital #Sustainability #Education #Leadership #FrankfurtSchool #Networking #BusinessEvents #CorporateFinance #Investment #ParmantierCie René Parmantier Benedikt Krämer Nils Stieglitz

We Believe in German Mittelstand To understand the German Mittelstand, one must look at INDUS Holding AG. The German Mittelstand is the heart of our economy and a driving force for innovation and stability. Yet, even a strong engine can falter – recent market analyses reveal that mid-sized companies in Germany are facing unprecedented challenges. In 2024, revenue continued to decline across various sectors, with a 3.6% drop in Q3 compared to the previous year. Despite these declines, INDUS achieved an EBITA margin of 9.9% in Q3, surpassing the results of the first two quarters. Investment appetite among Mittelstand businesses remains cautious, and the capital goods market is also seeing a decrease of 8.6%. INDUS, however, is addressing these challenges with stability and a long-term vision. Why Are We So Confident in INDUS’ Strategy? Point 1: INDUS has no holdings in the automotive supply industry. This sector in Germany is currently under massive pressure and will remain so in the future. The era of China as a major market for Germany is over. Moreover, an electric motor has only one-tenth of the components compared to a combustion engine. Point 2: INDUS is not involved in the steel and stainless steel processing industry. Its activities are limited to the production of abrasive materials, which is highly profitable. Take a closer look at the company—our research update can be a helpful resource. This is a stock to buy and hold. INDUS exemplifies the strength and resilience of the Mittelstand. With a diversified portfolio and a strong market position, INDUS demonstrates how hidden champions navigate economic crises. Despite economic challenges, the forecast for 2024 has been confirmed, with expected revenues between EUR 1.7 and 1.8 billion and an EBIT margin between 7% and 8%. INDUS has also introduced shareholder-friendly measures with a public share buyback program. These steps underscore INDUS’s commitment to creating sustainable value for its shareholders. German policymakers must recognize the Mittelstand as a pillar of stability and growth. Over 98% of German companies are SMEs, vital for employment and innovation, yet their voices are often overlooked in politics.However, recent decisions, such as inviting primarily large corporations to economic summits, risk sidelining the backbone of our economy. With our analysis and commitment, we aim not only to highlight current developments in the Mittelstand but also to emphasize the role of companies like INDUS in shaping a sustainable future. 📧 For access to our full research report Bloomberg: parmantiercie/{DS FMG <GO>} COVERAGE › INDUS Holding AG: https://lnkd.in/dukhX2b9 PARMANTIER & CIE. Research: https://lnkd.in/e-BUvTSS Source of market analysis: https://lnkd.in/eufRSQzA #ParmantierCie #GermanMittelstand #INDUS #KMU #Research #Investment #GoOn #KFW KfW Handelsblatt DIHK Bundesministerium für Wirtschaft und Klimaschutz

It has now been more than six years since René Parmantier successfully brought LIMES Schlosskliniken to the stock market. The company has developed exceptionally well, both operationally and on the stock market. In the first half of 2024, total revenue increased by 33% to €18.8 m, patient days by 40% to 24,731, and earnings before taxes by 24% to €2 m. Investors seem pleased with this: since October 2018, the stock has performed very well, rising from €100 to €346— it is not NVIDIA, but I would say a solid small-cap performance. Congratulations to Dr. Gert Frank and the team!

PARMANTIER & CIE. at the Frankfurt School Business Forum! This Friday and Saturday, November 15th and 16th, 2024, we are excited to sponsor the Coffee Bike at the Frankfurt School Business Forum, creating a relaxed atmosphere for networking. We look forward to inspiring conversations and meeting the talented leaders of tomorrow! ☕️ As partners of this extraordinary event, we are proud to support the Frankfurt School's student-led initiative. It is inspiring to see how dedicated young people here receive an exceptional education and shape their paths to success. About the Frankfurt School Business Forum: The Business Forum is a student-led initiative that fosters collaborative learning and valuable networking opportunities in the field of business. This two-day event offers a diverse program, including networking workshops, inspiring talks, discussions, and roundtables. The goal is to provide participants with practical knowledge and valuable connections for their professional futures. We are thrilled to be part of this special event and look forward to connecting with the next generation of leaders. Stop by the Coffee Bike – we look forward to meeting you! 🌱💼 Ticket: https://lnkd.in/dMTVH-Um #ParmantierCie #FrankfurtSchool #BusinessForum #Networking #FutureLeaders Frankfurt School of Finance & Management

Hello everyone, Today, I would like to continue my series on “From Relationship to Friendship.” As you know, I spent over 18 years at Close Brothers Seydler Bank/ODDO Seydler Bank. During this period, I got to know the company CLINUVEL PHARMACEUTICALS LTD, which was then called EpiTan. I supported the company during its dual listing in Frankfurt am Main in 2005 and continued to assist it for several years after its dual listing by marketing the shares and introducing new investors. It was at this time that I met Dr. philippe wolgen, who was then about to become CEO. Philippe is a remarkable person and a role model in many ways. Check out the attached article.......

➡️ A must-read! Clinuvel: Pioneer in Photomedicine with Strong Growth Potential PARMANTIER & CIE. is excited to support CLINUVEL PHARMACEUTICALS LTD on its impressive growth journey. This excellent article from GoingPublic Media AG highlights how, under CEO Dr. philippe wolgen’s leadership, Clinuvel has become a pioneer in the biopharma sector, especially with their unique product SCENESSE® for treating rare light-related diseases. Clinuvel impresses not only with strong financials but also with a clear vision for future growth, such as in the treatment of vitiligo. An exciting story that is just beginning to unfold! 📧 For access to our full research report, feel free to reach out at info@parmantiercie.com or visit our website: https://lnkd.in/e-BUvTSS. Bloomberg users can find us at parmantiercie/{DS FMG <GO>}. ➡️ A must-read! https://lnkd.in/eU8f4YGF #GoingPublicMedia #Clinuvel #ParmantierCie #Biopharma #Research #Bloomberg #Investment Malcolm Bull René Parmantier Plattform Life Sciences Urs Moesenfechtel André Will-Laudien

Investor Sentiment at a New High – What Does This Mean for the Markets? At PARMANTIER & CIE., we closely monitor financial markets to make informed decisions for our portfolio companies and investment strategies. The latest Handelsblatt DAX survey reveals that investor sentiment is at its highest level in months. With the DAX surpassing 16,000 points, this would typically signal a turning point—but this time might be different. According to Stephan Heibel, who leads the survey, key warning signs are absent despite the optimistic mood. Investors are betting heavily on rising prices, and leverage as well as market positioning are playing a significant role in short-term developments. Key Takeaways: - Optimism dominates: Market participants remain confident, indicating continued strength for the DAX. - No clear warning signs: Unlike previous phases, sentiment does not signal an imminent downturn. - Strategic risk management: Leverage and positioning are crucial factors to navigate market fluctuations. At PARMANTIER&CIE., we pursue a balanced strategy, leveraging growth opportunities while actively managing risks. Now, more than ever, it is essential to seize market potential with a clear, long-term perspective. Our recommendation:  Take this opportunity to strategically realign your portfolio, especially in the small-cap sector where we see great potential. Let's connect for a further discussion—we look forward to it. #InvestorSentiment #DAX #MarketAnalysis #Investing #ParmantierCie #FinancialMarkets #RiskManagement #Economy