Close menu

March 1st, 2023 | 14:10 CET

Aixtron, Altech Advanced Materials, Sixt - Prospects remain rosy

  • Batteries
  • Electromobility
  • semiconductor
  • Investments
Photo credits:

Despite the continued uncertain environment of the Ukraine war, inflation and rising interest rates, many companies are surprising positively in their full-year 2022 figures. In addition, forecasts are extremely positive despite pessimism regarding the struggling global economy. In terms of innovations, too, the trend is steeply upward. In this context, one German company in particular could rise to become a leading player in battery technology.

time to read: 3 minutes | Author: Stefan Feulner

Table of contents:

    Terry Lynch, CEO, Power Nickel
    "[...] The collaboration with CVMR offers two primary advantages for Power Nickel: We can cover a larger portion of the value chain in the future, and despite the extensive cooperation with all its positive outcomes, we have remained significantly independent. [...]" Terry Lynch, CEO, Power Nickel

    Full interview


    Altech Advanced Materials - End of the subscription period

    To bring the two disruptive technologies, "Silumina Anodes" and "SAS CERENERGY Batteries", to the mass market, one thing is needed in addition to the existing know-how: money. The Heidelberg-based company intends to raise this money by issuing a zero-coupon convertible bond with a detached warrant. Accordingly, Altech will issue a zero-coupon, non-interest-bearing convertible bond with a total nominal value of up to EUR 3.531 million, each with a nominal value of EUR 1.00. For each convertible bond, each subscriber will also receive, free of charge, a warrant with no nominal value, which is separate from the convertible bond and entitles the holder to subscribe for one share in the Company at the issue price or subscription price of EUR 1.00 per share, or, at the discretion of the Company's Management Board, to a cash settlement.

    The issuance of the bonds, together with the capital measures already carried out by the Company last year, serves the purpose of securing the Company's financing requirements, in particular, the financing share for the pilot plant for the anode coating material "Silumina Anodes" in the joint venture Altech Industries Germany GmbH, as well as for the sodium-alumina-solid-state battery project 'CERENERGY' joint venture Altech Batteries GmbH in Spreetal. The subscription period expired on February 28, 2022, so more should certainly be known soon about the Company's further plans.

    Both technologies have blockbuster potential. The Silumina Anodes coating technology could become the new standard in battery technology for electromobility. Here, batteries are coated with a special nano-coating of high-purity aluminum oxide and an enrichment of silicon, which is intended to prevent the deposition of lithium particles on the electrodes and significantly minimize capacity loss. The CERENERGY solid-state sodium-alumina battery, in turn, has the potential to become the grid battery storage system of the future. The advantages over lithium-ion batteries are clear. CERENERGY batteries are non-flammable and therefore fire- and explosion-proof, have a lifetime of more than 15 years and function in extremely cold and hot climates. The battery technology does not require critical raw materials such as lithium, cobalt, graphite or copper and uses common salt and only small amounts of nickel.

    In the wake of the capital measure, the Altech share came under pressure but may have already formed its bottom in the area of EUR 4. Source: Refinitiv Eikon, as of 03/01/2023

    Aixtron - Rosy prospects

    The shares of the semiconductor equipment manufacturer exited the trading session with a substantial gain of more than 12% to EUR 29.10. In addition to the sobering figures from last year, the reason was the extremely positive outlook for 2023, where Aixtron SE is targeting double-digit revenue growth. Order intake is expected to increase to between EUR 600 million and EUR 680 million, while revenues are expected to grow to between EUR 580 million and EUR 640 million. The gross margin is expected to be around 45%, while the EBIT margin is expected to hover between 25% and 27%.

    The year 2022 was burdened by delivery delays. In addition, the lack of export licenses disrupted growth at the end of the year. According to CEO Felix Grawert, however, these are now available. The analyst firm AlsterResearch raised its estimates for the Company and increased its price target to EUR 31. The verdict is "buy." According to the analysts, Aixtron reported fourth-quarter results, with order intake, order backlog and forecasts exceeding expectations.

    Sixt - Stronger than ever

    Sixt shares were also among the day's winners following the publication of positive figures and an optimistic outlook. The international mobility services provider put record figures on the table, with North America, Europe and the home market of Germany contributing to the positive results. Here, Sixt benefited from the ongoing positive market environment in terms of demand for rentals as well as in terms of prices.

    Group revenue increased by 34.3% to EUR 3.07 billion, while consolidated profit before tax grew by 24.4% to EUR 550.2 million despite high investments. Based on the strong results, a dividend of EUR 4.11 per ordinary share and EUR 4.13 per preferred share is planned, as well as a special dividend of EUR 2.00 per ordinary share and preferred share.

    The car rental company expects a very positive financial year in the current fiscal year. A "substantial" increase in Group sales is expected, as well as EBT in the range of between EUR 430 million to EUR 550 million.

    Aixtron and Sixt were among the day's market winners due to their positive outlook. At Altech, news on further planning regarding the construction of the pilot plant is expected shortly after the end of the subscription period for the convertible bond.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author

    Related comments:

    Commented by André Will-Laudien on September 22nd, 2023 | 07:20 CEST

    Recalculation! These are the bare figures: TUI, Saturn Oil + Gas, Deutsche Bank - Buy prices non-stop!

    • Mining
    • Oil
    • travel
    • Investments
    • Banking

    Companies do not always have good figures in their baggage. Analysts listen very carefully to the words of those in charge. Often, it is only a minor sentence that changes entire valuations. TUI is slowly approaching pre-COVID figures. Saturn Oil & Gas must backtrack slightly because of substantial forest fires in Alberta, and Deutsche Bank aims to finalize the Postbank project in 2023. All three stocks offer good buying opportunities because the long-term prospects are quite convincing.


    Commented by Juliane Zielonka on September 22nd, 2023 | 06:50 CEST

    Cardiol Therapeutics, BioNTech, BYD - At top speed to new markets

    • Biotechnology
    • Pharma
    • Electromobility

    Cardiol Therapeutics is enjoying a remarkable development. The biotech company is now rolling out its ARCHER patient recruitment trial internationally at 35 participating centers. This accelerates research in the development of their therapy to combat myocarditis, a heart inflammation which has been associated with COVID-19 vaccination. For Cardiol Therapeutics, this represents an opportunity to get its therapy approved as an orphan drug. Approval is also at stake for BioNTech. With a multimillion-dollar funding boost, the Company is working on accelerated approval for a vaccine against a virus that caused quite a stir last year. The shortened development time is likely to impress investors. While business nations agree on fighting viruses, they disagree on commodities for the road. The EU would prefer to restrict BYD's successful sales on domestic roads - by imposing tariffs. BYD, meanwhile, is tapping into a completely different market.


    Commented by Juliane Zielonka on September 21st, 2023 | 07:55 CEST

    dynaCERT, Amazon, FREYR Battery - Those who are focused on CO2 reduction and successful at it

    • Hydrogen
    • greenhydrogen
    • Batteries
    • CO2

    At the Fleet Services Expo in Ottawa, dynaCERT will showcase its "Hydrogen-on-Demand" technology. For the first time, dynaCERT is demonstrating its fully functional HydraGEN™ technology on a company-owned Mercedes Sprinter Van, providing environmentally friendly hydrogen power to fleet vehicles in Ontario. This innovative solution reduces CO2 emissions and also lowers operating costs. On the other hand, as the upcoming seasonal business approaches, Amazon is increasing its workforce, most of whom use non-CO2-reducing vehicles to make deliveries in the US. A renowned institute has, therefore, removed Amazon from the CO2 index. Meanwhile, the Norwegian battery manufacturer FREYR Battery is moving to the US. The Company has filed its documents for incorporation in Delaware and sees a lot of benefits for business expansion and shareholders with its US location.