The annual report of the Bad Homburg company is one of the most accurate and at the same time longest compared to the 40 Dax companies.
(Photo: imago images/Jörg Halisch)
Dusseldorf Unexpected events of major importance make it almost impossible to forecast the course of business. This was shown in the corona pandemic and the standstill of the economy in spring 2020. But anyone who concludes from this that companies no longer trust themselves with earnings forecasts because they quickly become waste is wrong.
16 of the 40 Dax companies achieved the highest level of transparency this year when it comes to providing shareholders with the best possible information about possible business developments. This was determined by the consulting firm Kirchhoff Consult together with the German Association for the Protection of Securities (DSW). The evaluation was based on 15 criteria for future business development, including sales and earnings, investments and dividend policy.
20 showed “medium transparency” – only Merck stood out negatively with “low transparency”. However, Airbus, Linde and Qiagen did not publish a forecast report at all, which is why they fell out of the rating. Deutsche Telekom and Fresenius meet most of the criteria.
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