Share

Share & coverage

We build a bridge between the capital market and the Mittelstand.

What makes INDUS shares attractive

Share

Since 1995 we have been demonstrating with INDUS how the Mittelstand sector and capital market listings can go hand-in-hand. We combine our shareholders’ capital with successful business models designed for the long term. Through active support we provide our portfolio companies with a platform on which to develop their businesses autonomously. We have been successful with INDUS because our companies have been successful in their markets. Our shareholders participate in this success through regular dividends and value appreciation. 

Share performance

Our shareholders

Shareholder base

INDUS has a very stable shareholder base. Our shareholders bolster our long-term corporate strategy. 

*The German Stock Exchange defines free float as all shares not held by major shareholders (share of share capital of at least 5%). According to this definition, free float amounts to 78,3%. 

**The total number of shares amounts to 25,800,000. The 904,441 of the shares repurchased by the company are not entitled to vote or receive dividends.

Dividend policy

Dividend

INDUS shareholders participate in company profits through regular dividend distributions. The dividend policy provides that at least 50% of profits are to be reinvested in the company and up to 50% distributed.

Transparency also means reporting on other peoples’ views of us

Coverage

The Research Coverage and published analysis reports are an important tool for investors to evaluate a security in terms of the expected profitability of a company and the resulting share price opportunities. Eight banks and investment houses are currently observing the INDUS share and publishing regular research reports.

This is how our financial analysts currently rate us:

InstituteAnalystStatusRecommendationTarget priceDocument
Kepler CheuvreuxSven SauerMar. 2025hold28.00 €-
LBBWVolker StollFeb. 2025buy28.00 €Download (PDF)
M.M.WarburgFelix EllmannApr. 2025buy36.00 €Download (PDF)
mwb researchThomas WisslerFeb. 2025buy34.00 €Download (PDF)
NuWaysChristian SandherrMar. 2025buy34.00 €Download (PDF)
ODDO BHFAdrian PehlFeb. 2025neutral22.00 €-
ParetoZafer RüzgarMar. 2025buy36.00 €-
ParmantierDaniel GroßjohannFeb. 2025buy35.50 €Download (PDF)

Consensus observational banks and investment firms

Consensus

INDUS has updated the INDUS Holding AG collects securities analysts’ estimates for selected key financial figures of the INDUS Group at sporadic intervals. INDUS also assumes no liability for the accuracy, completeness and correctness of these estimates and undertakes no obligation to update or revise the estimates.

Consensus as of April 09 2025*

In € millionAverageLowHighEstimates
2025
Revenues1,795.51,781.21,812.56
Adj. EBITA162.4158.0166.93
EBIT136.2117.4144.36
EBT91.197.6116.46
Net income77.062.3111.86
Earnings per share2.752.423.116
Dividend per share1.301.201.566
Free cash flow98.454.0162.16
Price target (in EUR)33.9228.0036.006

* The consensus only includes the estimates of the analysts who have adjusted their estimates following the update of the guidance on 31st October 2024.

Key data

Share
WKN/ISIN620010/DE0006200108
TickerINH.DE
Share classNo-par value bearer shares
Stock exchangesXETRA, Düsseldorf, Frankfurt (regulated market); Berlin, Hamburg, Hannover, München, Stuttgart
Market segmentPrime Standard
IndicesSDAX, DAX International Mid 100, DAXsector Financial Services, Daxsubsector, Diversified Financial Services, Classic All Share, Prime All Share, CDAX
Designated SponsorsICF BANK AG , ODDO BHF
Subscribed CapitalEUR 69.9 million
Authorized Capital 2021EUR 34,964,225.52
No. of shares25,800,000

Dafne Sanac

Your contact
Investor Relations
+49 (0)2204/40 00-32
sanac@indus.de

Axel Meyer

COO Engineering
Axel Meyer (German citizen, born 1968) has been a member of the INDUS Board of Management since October 2017.

Until joining INDUS, he held various management positions at Schuler AG, most recently as Managing Director of Schuler Pressen and Head of the Service Division of the Schuler Group, Goeppingen, Germany.

Previously, Axel Meyer worked as a member of the Board of Management of the international management consultancy IMAGIN Prof. Bochmann AG, Eppstein im Taunus, Germany. He started his professional career in the Schuler Group's Solid Forming Division, initially in global sales and later as Division Manager.

Axel Meyer studied industrial engineering in Germany and the USA and earned a Master of Mergers & Acquisitions (LL.M.) at the Frankfurt School of Finance & Management while working. 

Gudrun Degenhart

COO Materials Solutions
Gudrun Degenhart (German citizen, born 1970) has been a member of the Board of Management of INDUS since October 2023.

She has more than 20 years of experience in the management and development of portfolio companies in Europe, USA and the Asia-Pacific regions.

Before joining INDUS, Gudrun Degenhart was CEO for the German portfolio companies of the international service group ISS. She previously worked for the thyssenkrupp Group, including as CEO of the international business unit for special lifts and as CEO of Materials Western Europe and Asia-Pacific. She gained experience in medium-sized companies as a board member of the construction technology company Schöck.

A graduate in business administration, she began her career by building up the Central and Eastern European activities of the construction specialist Lindner Group. 

Dr. Jörn Großmann

COO Infrastructure
Dr. Jörn Großmann (German citizen, born 1968) has been a member of the INDUS Board of Management since January 2019.

Up until joining INDUS, he worked for the Dutch group Aalberts Industries, with his last position being the sole managing director of Impreglon, Lüneburg, Germany.

He previously held various positions at the Georgsmarienhütte Group, initially becoming managing director of Mannstaedt, Troisdorf, Germany and later managing director of GMH Edelstahl Service Center Burg and GMH Engineering. Before Dr. Großmann became the managing director of Buderus Feinguss, Moers, Germany, he worked as a development engineer and as a technical director for Doncasters Precision Castings, Bochum, Germany.

He studied material sciences and earned a doctorate in the field of natural sciences.

Dr. -Ing. Johannes Schmidt

CEO
Dr. -Ing. Johannes Schmidt (German citizen, born 1961) has been a member of the Board of Management of INDUS since January 2006. He has assumed the position of CEO since July 2018.

Dr. -Ing. Schmidt was previously the sole managing director of ebm-papst Landshut, Germany, a manufacturer of ventilation motors and fans. During his tenure there, his main achievements included advancing the development of new product platforms and the internationalization of production sites.

Dr. -Ing. Schmidt began his career at Richard Bergner, a manufacturer of electrical instruments from Schwabach, Germany. He initially led product development before rising to the position of managing director during his 12 years at the company.

Schmidt, who studied mathematics, gained an engineering doctorate in mechanics from the Technical University of Darmstadt. 

Rudolf Weichert

CFO
Rudolf Weichert (German citizen, born 1963) is the CFO of INDUS.

Before joining the INDUS Board of Management in June 2012, he was a Partner at KPMG for nine years. He spent three of these years in Detroit, Michigan, United States, where he worked mainly with companies in the engineering, and materials trading industries.

Mr. Weichert, who holds a masters degree in business administration, worked for KPMG for about 20 years, primarily in the firm’s Duesseldorf office, where he worked mainly with multinational manufacturing corporations.