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    Mengxian Sun

    Research Analyst at Deutsche Bank

    Mengxian Sun is an Equity Research Analyst at Deutsche Bank since 2019, specializing in the coverage of European financial and fintech companies such as flatexDEGIRO AG and SIG Group. Known for issuing actionable Buy ratings and contributing to institutional investor consensus, Sun has provided consistently respected forecasts and target prices within key sectors. Prior to joining Deutsche Bank, Sun's professional background includes analytical roles in finance, with demonstrable experience in equity research, although specific prior firms are not publicly detailed. Holding the CFA designation, Sun is also registered with relevant professional credentials and is recognized for expertise in financial sector analysis.

    Mengxian Sun's questions to SMTGF leadership

    Mengxian Sun's questions to SMTGF leadership • Q1 2025

    Question

    Inquired about the free cash flow outlook for the rest of the year and the current pricing environment for both the Home/C&I and Large Scale segments.

    Answer

    The company expects to end the year with a strong cash position despite upcoming restructuring outflows. On pricing, there is no significant change; Home & Business pricing is stable with reductions in line with budget as destocking continues, and Large Scale pricing is holding up well with reductions below budget.

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