02.06.2019, 4189 Zeichen

Porr: Austrian construction group Porr AG has started 2019 with a good first quarter. Both the order backlog and production output surpassed the levels of the previous year once again. At well above Euro 7,4 bn, Porr's order books are at an all-time high. The moderate increase in production output of 3.0% reflected the company's strategic focus, while EBT of around Euro -12 mn led to a slight improvement on the previous year's EBT margin. In the first three months of 2019, PORR generated production output of EUR 1,047m. Despite the unusually strong preceding year, it was possible to achieve moderate growth of 3.0%. "As expected, the momentum behind demand in the construction sector has remained strong. What's more, our industry is undergoing a technological transformation and is confronted by an array of different challenges. PORR's performance in the first quarter underlines our approach – we will continue to prioritise earnings over growth. And the record order backlog gives us the firepower to achieve this", said CEO Karl-Heinz Strauss. The Executive Board is optimistic about achieving a moderate increase again in 2019 from the high output level of Euro 5,593 mn.
Porr: weekly performance: -3.45%

UBM Development: UBM Development delivered solid results for the first quarter: Despite the absence of project completions or hand-overs during the reporting period, earnings before tax were only slightly lower than the previous year at Euro 7.9 mn. Net profit amounted to Euro 5.9 mn for the first three months. According to the company, the 2019 financial year will see fewer spectacular completions than 2018, but several projects will become suitable for forward sales during the course of the year such as the QBC 1&2 office project in Vienna and five new hotel development projects. Good progress was also made on trade sales in recent months, which could have an influence on earnings in 2019. UBM’s pipeline is also well-filled after 2019 – in total the pipeline amounts to €1.8 bn (sales volume up to 2022). “The tailwinds in our markets are continuing. A full pipeline and a strong balance sheet represent the perfect mix to also deliver attractive earnings in the future“, commented CEO Thomas G. Winkler. Based on the good progress of sales activities – trade sales as well as forward sales – UBM is optimistic that the record results in 2018 can be repeated in 2019, also without spectacular completions.
UBM: weekly performance: 0.25%

Warimpex: Real estate development company Warimpex Finanz- und Beteiligungs AG is starting off the 2019 financial year with a positive result for the first quarter. The profit of Euro 11.8 mn (Q1 2018: loss of Euro 3.0 mn) is primarily the result of higher gains on property sales and a positive financial result due to exchange rate gains, the company said. Total revenues fell by 6 per cent to Euro 6.3 mn. “We are concentrating on completing ongoing developments and working to quickly get new projects up and running. At the same time, the acquisition of cash-flow generating assets with potential for the future will helpus achieve our goals for the current financial year. The first successes can already be seen,” commented Warimpex CEO Franz Jurkowitsch.
Warimpex: weekly performance: 0.36%

Semperit: In the first quarter of 2019, the publicly listed Semperit Group, producer of specialised rubber products, was able to improve its net results significantly, while revenues declined slightly. In the first quarter of 2019, the Group’s revenue decreased by 3.6% to Euro 212.9 mn, with the Industrial Sector achieving a slight increase in revenue to Euro 141.4 mn, which was offset by a decrease in revenue of 10.7% in the Medical Sector. Earnings after tax totalled Euro +3.2 mn for the first quarter of 2019 compared with Euro  –2.6 mn for the same period of 2018. The Management Board of Semperit will continue the transformation process that has been started with all its consequences. Continuous and potentially new measures to increase profitability remain at the top of the Management Board’s agenda.
Semperit: weekly performance: 1.78%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/05/2019)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #632: Warum CA Immo, Immofinanz und RBI positiv bzw. voestalpine negativ auffallen, morgen April-Verfall

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Aktien auf dem Radar:Amag, Palfinger, SBO, Addiko Bank, Flughafen Wien, Austriacard Holdings AG, EVN, EuroTeleSites AG, Pierer Mobility, Semperit, Bawag, Kostad, Wolford, Oberbank AG Stamm, Polytec Group, ams-Osram, Agrana, CA Immo, Erste Group, Immofinanz, Kapsch TrafficCom, Mayr-Melnhof, OMV, Österreichische Post, Strabag, Telekom Austria, Uniqa, VIG, Wienerberger.

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