02.10.2018, 2036 Zeichen

Andritz: Austrian based international technology Group Andritz has received an order from thyssenkrupp Steel Europe, Germany, to supply a hot-dip galvanizing line for the customer’s location in Dortmund, Germany. The new line with an annual capacity of 530,000 tons is designed to produce high-strength steel grades, mainly for the automotive industry. Start-up is scheduled for the end of 2020. The Andritz scope of supply comprises the complete hot-dip galvanizing line together with the mechanical and electrical equipment, as well as the entire process part including the furnace and also start-up of the plant.
Andritz: weekly performance: -0.30%

Wienerberger: Austrian construction materials producer Wienerberger specified its earnings forecast for 2018 at adjusted EBITDA of Euro 460 to 470 mn. CEO Heimo Scheuch said: "We will consistently use opportunities to acquire value-oriented companies and exit from business areas that are strategically less attractive. Moreover, we will intensify our activities to boost our profitability. We have therefore combined all our current initiatives into a comprehensive program to enhance their impact. Hence, we are very optimistic to exceed our original growth and earnings target in the medium term." The Wienerberger Managing Board is confident to generate significantly higher adjusted EBITDA (excluding one-off expenses and earnings) of approx. Euro 680 mn in 2020. Previously, EBITDA of more than Euro 600 mn had been projected for 2020. The major part of the increase will be accounted for by earnings improvements of around Euro 120 mn expected to result from the optimization program in the business years 2018 to 2020. Further improvements in EBITDA up to 2020 will result from organic growth, bolt-on acquisitions and the implementation of new accounting rules (IFRS 16). A budget of approx. Euro 200 million has been earmarked for acquisitions in 2018. 
Wienerberger: weekly performance: 5.39%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (02/10/2018)

Christian Drastil: Wiener Börse Plausch

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