Team

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Michael Moritz

Managing Partner

Telephone: +49 30 809 33 47-13

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Mark Miller

Managing Partner

Telephone: +49 40 300 836-11

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Caspar Graf Stauffenberg

Managing Partner

Telephone: +49 89 255 49 53-11

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Daniel Garlipp

Managing Partner

Telephone: +49 40 300 836-19

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Daniel Dies

Partner

Telephone: +49 40 300 836-16

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Manfred Drax

Partner

Telephone: +49 89 255 49 53-15

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Picture of Nico Schmidt-Weidemann

Nico Schmidt-Weidemann

Partner

Telephone: +49 89 255 49 53-17

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Picture of Anders Elgemyr

Anders Elgemyr

Managing Partner

Telephone: +46 70 496 18 15

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Erik Lundberg

Director

Telephone: +46 73 850 35 59

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Arnold Holle

Managing Partner

Telephone: +44 208 017 6015

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Anders Bo

Managing Partner

Telephone: +45 4199 8252

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Picture of Flemming C. Pedersen

Flemming C. Pedersen

Managing Partner

Telephone: +45 4199 8251

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Morten Kjærulff

Partner

Telephone: +45 2634 9031

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Kurfürstendamm 188

10707 Berlin

Telephone: +49 30 809 334 70

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Picture of Michael Moritz

Michael Moritz

Managing Partner

Telephone: +49 30 809 33 47-13

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Picture of Eva Macha

Eva Macha

Office Management

Telephone: +49 30 809 33 47-10

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Picture of Jessica Algner

Jessica Algner

Office Management

Telephone: +49 30 809 33 47-12

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Picture of Nils Zettelmeyer

Nils Zettelmeyer

Vice President

Telephone: +49 30 809 33 47-25

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Picture of Thorsten Grandt

Thorsten Grandt

Vice President

Telephone: +49 30 809 33 47-20

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Toldbodgade 57

1253 Copenhagen K

Telephone: +45 3945 0010

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Picture of Anders Bo

Anders Bo

Managing Partner

Telephone: +45 4199 8252

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Picture of Flemming C. Pedersen

Flemming C. Pedersen

Managing Partner

Telephone: +45 4199 8251

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Picture of Morten Kjærulff

Morten Kjærulff

Partner

Telephone: +45 2634 9031

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Esplanade 41

20354 Hamburg

Telephone: +49 40 300 83 60

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Picture of Mark Miller

Mark Miller

Managing Partner

Telephone: +49 40 300 836-11

LinkedInXING

@

Picture of Daniel Garlipp

Daniel Garlipp

Managing Partner

Telephone: +49 40 300 836-19

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Picture of Daniel Dies

Daniel Dies

Partner

Telephone: +49 40 300 836-16

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Picture of Anna-Lena Kickbusch

Anna-Lena Kickbusch

Office Management & Accounting

Telephone: +49 40 300 836 10

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Picture of Elaine Kelly

Elaine Kelly

PR, Marketing & Business Development Manager

Telephone: +49 40 300 836 18

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Picture of Mischa Krause

Mischa Krause

Vice President

Telephone: +49 40 300 836-24

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14 Buckingham Street

London WC2N 6DF

Telephone: +44 0208 017 6015

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Picture of Arnold Holle

Arnold Holle

Managing Partner

Telephone: +44 208 017 6015

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Picture of Philipp Claus

Philipp Claus

Associate

Telephone: +44 20 7395 2790

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Picture of Von-der-Tann-Straße 7

Von-der-Tann-Straße 7

80539 München

Telephone: +49 89 255 495 30

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Picture of Caspar Graf Stauffenberg

Caspar Graf Stauffenberg

Managing Partner

Telephone: +49 89 255 49 53-11

LinkedIn

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Picture of Manfred Drax

Manfred Drax

Partner

Telephone: +49 89 255 49 53-15

LinkedIn

@

Picture of Nico Schmidt-Weidemann

Nico Schmidt-Weidemann

Partner

Telephone: +49 89 255 49 53-17

@

Picture of Naomi Käfer

Naomi Käfer

Office Management & HR

Telephone: +49 89 255 49 53-10

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Picture of Sebastian Fischer

Sebastian Fischer

Vice President

Telephone: +49 89 255 49 53-12

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Picture of Birger Jarlsgatan 13

Birger Jarlsgatan 13

111 45 Stockholm

Telephone: +46 8 684 439 00

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Picture of Anders Elgemyr

Anders Elgemyr

Managing Partner

Telephone: +46 70 496 18 15

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Picture of Erik Lundberg

Erik Lundberg

Director

Telephone: +46 73 850 35 59

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@

Picture of Caroline Berglund

Caroline Berglund

Strategic Business Manager

Telephone: +46 73 382 10 82

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David Pode

Associate

Telephone: +46 70 540 99 55

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Picture of Carl Nordström

Carl Nordström

Analyst

Telephone: +46 70 949 94 00

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Picture of Markus Augustsson

Markus Augustsson

Head of Equity Research

Telephone: +46 76 235 03 20

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Picture of Bertil Nilsson

Bertil Nilsson

Senior Equity Analyst

Telephone: +46 70 434 90 03

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Picture of Niklas Elmhammer

Niklas Elmhammer

Senior Equity Analyst

Telephone: +46 70 898 39 59

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Mats Hyttinge

Senior Equity Analyst

Telephone: +46 73 338 50 67

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Picture of Lars Johansen

Lars Johansen

IT&Telecom Expert

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Stina Ahlsen

Office Manager

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gunnebo

Analysis, Gunnebo: Positive signs in the order intake

10 May 2019

The results for first quarter report for Gunnebo was weaker than expected, however the turnover was slightly better. Our adjusted estimates and balance sheet adjustments increase the target price in our basscenario to 29,5 kronor.

Read the full report here. (Swedish)