Daldrup & Sons: a good time

At Daldrup & Sons, there are drastic changes at the top. Josef Daldrup withdraws from the board. The CEO has been on the board since 1997. Now he is changing to the supervisory board. Bernd Daldrup, who has worked for the company since 2009, becomes a new member of the board. Andreas Tönies becomes the company’s spokesman.

With the departure of Josef Daldrup, the company loses an important doer who had a strong influence on business policy. However, the change comes at a convenient time. The prospects are currently good. The order backlog stands at 33 million euros, which means that capacities will be fully utilized well into the coming year. In addition, demand remains high and business is hardly affected by the pandemic.

For Pareto Securities analysts, the buy recommendation for Daldrup & Söhne shares remains. The target price remains at 4.00 euros.

Daldrup & Söhne shares today lost 1.0 percent to EUR 1.96.


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