Allfunds Group Ltd. Registered Shares EO-,0025

Allfunds recorded AUA growth in its platform service of 14.6% in Q1 2026 and kept assets under management stable at €1.766 trillion. Distribution volumes of alternative assets rose by 68%, revenues climbed to €170.9m (+8.3%) and commission income to €103.2m (+13.9%); net inflows were €21.7bn. Management is targeting net inflows of €100–120bn for 2026 and emphasizes the focus on alternative assets as well as the planned integration with Deutsche Börse. Despite the positive metrics, the share price plunged 41.83%, driven by investor concerns about onboarding issues, macroeconomic headwinds and uncertainties around the transaction. » More on de.investing.com

Allfunds reports record assets under management of €1.76 trillion for 2025, revenue growth of 10% excluding net interest income, and adjusted EBITDA of €417.3m with a margin of 65.2%. The platform saw net inflows of €121bn, 64 new distribution partners and strong gains in alternative investments. Running in parallel, Deutsche Börse’s takeover offer from January dominated the presentation: valuation €8.80 per share (€6.00 cash, €2.60 in shares, €0.20 dividend), the board recommends acceptance, and the general meeting and vote are scheduled for 12 March 2026. The stock fell sharply, while completion of the transaction, subject to regulatory approvals, is expected in the first half of 2027. » More on de.investing.com

European markets were largely unchanged due to the US holiday. At Allfunds, the official confirmation of exclusive talks with Deutsche Börse about a possible acquisition of all shares triggered a price jump of about 22%. The largest shareholders, Hellman & Friedman and BNP Paribas, together hold just under half of the shares. Deutsche Börse's shares gained moderately, about 1.8%. » More on finanzen.net

Shares of Deutsche Börse reacted only mildly negatively to takeover speculation around Allfunds and were most recently slightly higher. Allfunds rose more than 20 percent in Amsterdam to its highest level since early 2023. Analysts and traders point out that Allfunds, with a market capitalization of around €4.4 billion, makes up only about one tenth of Deutsche Börse and that earlier takeover speculation was already known. » More on de.investing.com

Allfunds slightly missed its revenue expectations in the first half of 2025 but is maintaining its full-year guidance for net inflows and migrations. Assets under administration, as well as net inflows and migrations, exceeded expectations, while net revenues and the EBITDA margin declined slightly. For the full year, Allfunds continues to expect platform AUA growth of 10% and revenue growth of 3-4%. » More on de.investing.com