Frankfurt am Main, November 18, 2024 – PARMANTIER & CIE. has updated its coverage of INDUS Holding AG, a diversified holding company with a strong focus on small and medium-sized enterprises (SMEs). INDUS Holding AG, based in Bergisch Gladbach, is known for its portfolio of “hidden champions” across various industry sectors and is recognized as a leading player in sustainable corporate investments and development within the German-speaking middle market. In the third quarter of 2024, INDUS saw a recovery compared to previous quarters of the year, though it continues to navigate challenges posed by the volatile economic environment.
Despite a challenging macroeconomic climate and ongoing political uncertainties, INDUS reported positive operational developments in Q3 2024. Additionally, INDUS has launched a public share buyback program running through November 2024, complemented by a further buyback initiative set to continue until mid-2025.

Our full research report on the current developments of INDUS Holding AG is available at:
Bloomberg/parmantiercie; Short code: {DS FMG <GO>}
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