30.08.2020, 3100 Zeichen

Warimpex: Austrian based real estate developer Warimpex achieved a positive operating result (EBITDA) in the first half of 2020 despite losses in the hotel segment due to the coronavirus. EBITDA retreated from Euro 9.9 mn in the prior-year period to Euro 0.3 mn, and EBIT fell from Euro 16.6 mn to minus Euro 9.2 mn. This can be attributed to a lack of property sales, negative effects from property valuation, and the negative earnings contribution from hotel operations. The result for the period decreased from a gain of Euro 17.9 mn in the first half of 2019 to a loss of Euro 21.7 mn. Warimpex increased its revenues from the rental of office properties by 15 per cent, with the figure rising from Euro 9.2 mn to Euro 10.6 mn. This can be attributed primarily to the completion of Mogilska 43 Office in May of last year. Due to the effects of the health crisis, revenues from the hotel segment declined by 51 per cent year-on-year to reach Euro 2.4 mn in the first half of 2020. This led to a decline in total revenues to Euro 13.6 mn. Expenses directly attributable to revenues rose from Euro 6.0 mn to Euro 6.5 mn, yielding gross income from revenues of Euro 7.1 mn (2019: Euro 9.2 mn). “Warimpex has strategically realigned its property portfolio in recent years. As a result, the hotel segment, which is being heavily impacted by the health crisis, now makes up only 12 per cent of the total portfolio while office properties with long-term leases that are contractually assured account for 76 per cent. In the office segment, Warimpex is benefiting from the attractive locations and high quality of the assets. All of the office properties have been newly built or extensively refurbished in recent years and satisfy the latest tenant requirements, ensuring long-term rentability,” explained Franz Jurkowitsch, Chairman of the Management Board of Warimpex. 
Warimpex: weekly performance: 0.82%

Andritz: International technology Group Andritz has received an order from Papierfabrik Palm GmbH & Co. KG to supply two ADuro P shredders, type 2000 – an improved version of the proven Andritz FRX shredder – to its paper mill in Wörth, Germany. The shredders will be used to process rejects from the paper mill as well as pre-shredded rags from the OCC pulping process. Start-up of the new equipment is scheduled for the second quarter of 2021. The slow-rotating, single-shaft ADuro P shredders are equipped with a hydraulic pendulum pusher and an innovative cutting system that can produce small and medium particle sizes down to 50 mm. Together the two units are capable of handling large capacities and will process up to 15 tons of waste per hour. Thanks to their compact footprint and profile, the shredders can be installed and integrated into the facility very easily. Palm is already operating an Andritz FRX2000 shredder successfully in its paper mill at Wörth, and this repeat order further strengthens the successful long-term relationship between the two companies.
Andritz: weekly performance: 3.09%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/08/2020)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #638: I wer narrisch bei Palfinger und VIG, Gratulation an Mike Lielacher und ein Bundesschätze-Wunsch

Bildnachweis

Aktien auf dem Radar:Immofinanz, Polytec Group, Marinomed Biotech, Flughafen Wien, Warimpex, Lenzing, AT&S, Strabag, Uniqa, Wienerberger, Pierer Mobility, ATX, ATX TR, VIG, Andritz, Erste Group, Semperit, Cleen Energy, Österreichische Post, Stadlauer Malzfabrik AG, Addiko Bank, Oberbank AG Stamm, Agrana, Amag, CA Immo, EVN, Kapsch TrafficCom, OMV, Telekom Austria.

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