Deutsche Beteiligungs AG's Strong Third-Quarter Results

Deutsche Beteiligungs AG (DBAG) reported robust performance in the third quarter of 2025, driven by the successful exit from duagon and an investment in MAIT. DBAG Fund VII achieved healthy returns despite challenging market conditions, selling duagon to Knorr-Bremse AG. This sale closes a strategic acquisition phase in the rapidly growing rail infrastructure market.

In addition, DBAG Fund VIII's acquisition of MAIT will strengthen DBAG's portfolio in the IT services sector. Financial highlights include gross gains and losses of 37.4 million euros and 32.5 million euros returned to shareholders through dividends and buybacks. DBAG's net asset value per share was 35.28 euros as of September 2025, and EBITA from Fund Investment Services aligned with expectations at 11.2 million euros.

DBAG remains optimistic, retaining its forecast for 2025 with NAV per share between 35 and 38 euros. Future plans include active transaction activities and new investments and disposals over the next year.