• Deutsche Beteiligungs confirmed its adjusted fiscal 2026 guidance, targeting net asset value per share of €32–€36.
• Fund Investment Services EBITA is expected to reach €9 million–€11 million.
• The July 16 revision lowered NAV guidance from €36–€40 per share, raising EBITA expectations from €5 million–€9 million.
• At September 30, NAV per share stood at €33.84; nine-month Fund Investment Services EBITA reached €10.1 million.
• Lower peer-group valuation multiples remained the main NAV headwind, with third-quarter recovery only partly offsetting first-half declines.

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