I Opened a new position

I opened a new position today. Something completely different from the usual companies I invest in.

But I really like the growth story here.

Some facts:

• 40%+ topline growth

• 20%+ margins

• Sector tailwinds because of heavy AI investments

• Contracts signed with Tesla and other global players

• Family owned with heavy skin in the skin (management owns over 50%)

• ROIC increased from 7.7% in 2023 to 39% in 2025

• Market cap <€300M

I’m currently writing an investment thesis in which I will explain my full thought process and findings.

But for all my paid subs I always give an update when I make changes to the portfolio.

So here is the name and a short overview.

The company’s name is: