DGAP-News

q.beyond specifies equity story in greater detail - Seite 3

A further crucial factor involved offering integrated and innovative solutions, which currently also included the StoreButler as an all-in-one package for digitalised stores and the IIoT starter kit as a digital connector for existing industrial machinery. "Our SME customers want practical answers - and those are specific one-stop solutions that we can provide in customised form thanks to our longstanding sector expertise, our proximity to customers and also the growing share of IP in our value chain."

On the occasion of the "Deutsches Eigenkapitalforum", Hermann stresses: "Our figures for the past five quarters show just how successful q.beyond has been in repositioning its business. Reaching EBITDA break-even on schedule will offer further proof." Consistent with this, analysts regularly covering q.beyond have currently set target share prices averaging € 1.79. Three analysts - Bankhaus Lampe, Commerzbank and Stifel (formerly MainFirst) - have issued buy recommendations for q.beyond shares to their customers and set target prices of up to € 2.25.

Share programme aligns interests of shareholders and executive

To underpin this development, the management has just recently acquired a further 1 million shares in the company. This voluntary acquisition of shares by q.beyond's executives on their own account entitles them to participate in a newly incepted share programme based on a target share price of at least € 2.80 by the end of 2022. Explains Hermann: "Our executives are absolutely convinced by our new alignment and, like me myself, willing to invest substantial sums of their own money in q.beyond shares." The aim of this programme was to directly align the interests of shareholders and executives. "The clear commitment shown by our executives sends out an equally clear and credible signal to our shareholders: q.beyond is on track! We will continue to grow, and that in both our segments, and thus sustainably boost the company's value."

q.beyond's presentation at Deutsches Eigenkapitalforum 2020 can be downloaded here: www.qbeyond.de/en/ir-publications

Notes:
This Corporate News contains forward-looking statements that are based on current expectations and forecasts on the part of the management of q.beyond AG with regard to future events. Due to risks or erroneous assumptions, actual events may deviate materially from these forward-looking statements.