CompuGroup (OTCPK:CMPVF, ETR:COP) is scheduled to release its full-year Q4 financial figures on February 5, including 2020 outlook. After a surprisingly strong set of Q3 '19 figures, the stock set its upward course and reached its all-time high of €65.20, subsequently sliding down to €62.90. We see Q4 being rather muted, still struggling from declining hardware sales of Telematics implementation in its biggest segment, with other businesses staying largely on course. Overall, 2019 was a roller-coaster year for CompuGroup, starting with CFO departure, followed by the first profit warning (top line) given the