serneke

Analysis Serneke: Growth related costs for construction

29 Apr 2019

Serneke posted a weak Q1 2019 result, though slightly better than our estimate. Construction operations are still being affected by growth related costs. The market is waiting for pending transactions linked to the Karlastaden development area in Gothenburg. Read the full report here. (Swedish)

Berlin

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Kurfürstendamm 188

10707 Berlin

Telephone: +49 30 809 334 70

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Copenhagen

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Toldbodgade 57

1253 Copenhagen K

Telephone: +45 3945 0010

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Hamburg

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Esplanade 41

20354 Hamburg

Telephone: +49 40 300 83 60

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London

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14 Buckingham Street

London WC2N 6DF

Telephone: +44 20 8017 6020

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Munich

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Von-der-Tann-Straße 7

80539 München

Telephone: +49 89 255 495 30

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Stockholm

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Birger Jarlsgatan 13

111 45 Stockholm

Telephone: +46 8 684 439 00

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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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Manfred Drax

Partner

Telephone: +49 89 255 49 53-15

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Nico Schmidt-Weidemann

Partner

Telephone: +49 89 255 49 53-17

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Andreas Zetzsche

Partner

Telephone: +49 30 809 3347 33

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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 20 80176020

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Anders Bo

Managing Partner

Telephone: +45 4199 8252

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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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Andreas Zetzsche

Partner

Telephone: +49 30 809 3347 33

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Eva Macha

Office Management

Telephone: +49 30 809 33 47-10

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Jessica Algner

Office Management

Telephone: +49 30 809 33 47-12

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Mandy May

Head of Operations

Telephone: +49 30 809 33 47 16

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Nils Zettelmeyer

Director

Telephone: +49 30 809 33 47-25

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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

LinkedIn

@

Picture of Flemming C. Pedersen
Flemming C. Pedersen

Managing Partner

Telephone: +45 4199 8251

LinkedIn

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Picture of Morten Kjærulff
Morten Kjærulff

Partner

Telephone: +45 2634 9031

LinkedIn

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Esplanade 41

20354 Hamburg

Telephone: +49 40 300 83 60

LinkedIn

@

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

LinkedIn

@

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Anna-Lena Kickbusch

Office Management & Accounting

Telephone: +49 40 300 836 10

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Elaine Kelly

PR, Marketing & Business Development Manager

Telephone: +49 40 300 836 18

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Mischa Krause

Director

Telephone: +49 40 300 836-24

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Philip Goldhahn

Vice President

Telephone: +49 40 300 836-21

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14 Buckingham Street

London WC2N 6DF

Telephone: +44 20 8017 6020

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Arnold Holle

Managing Partner

Telephone: +44 20 80176020

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Jon Tingling

Associate

Telephone: +44 77 1347-8286

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Von-der-Tann-Straße 7

80539 München

Telephone: +49 89 255 495 30

LinkedIn

@

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Caspar Graf Stauffenberg

Managing Partner

Telephone: +49 89 255 49 53-11

LinkedIn

@

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Manfred Drax

Partner

Telephone: +49 89 255 49 53-15

LinkedIn

@

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Nico Schmidt-Weidemann

Partner

Telephone: +49 89 255 49 53-17

@

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Anika Schaefer

Office Management & HR

Telephone: +49 89 255 495 310

@

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Sebastian Fischer

Director

Telephone: +49 89 255 49 53-12

LinkedIn

@

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Birger Jarlsgatan 13

111 45 Stockholm

Telephone: +46 8 684 439 00

LinkedIn

@

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Anders Elgemyr

Managing Partner

Telephone: +46 70 496 18 15

LinkedIn

@

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Erik Lundberg

Director

Telephone: +46 73 850 35 59

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Caroline Berglund

Strategic Business Manager

Telephone: +46 73 382 10 82

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Johan Heigard

Vice President

Telephone: +46 70 246 99 88

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Erik Foberg

Director ECM

Telephone: +46 70 434 85 03

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Markus Augustsson

Head of Equity Research

Telephone: +46 76 235 03 20

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Bertil Nilsson

Senior Equity Analyst

Telephone: +46 70 434 90 03

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Richard Ramanius

Associate Equity Analyst

Telephone: +46 73 539 66 99

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Lars Johansen

IT&Telecom Expert

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Ulf Boberg

Senior Advisor Life Science

Telephone: +46 73 312 44 90

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