08.11.2020, 3793 Zeichen

Mayr-Melnhof: The Mayr-Melnhof Group is strengthening its Neupack folding carton production plant at Hirschwang in Austria with an extensive program for the future. An investment plan amounting to Euro 18 mn in buildings and machinery should significantly increase the international competitiveness of the site in the growth markets of e-commerce packaging and high-quality printed consumer goods packaging in microflute for products such as food, pet food and electrical household appliances.
Mayr-Melnhof: weekly performance: 2.71%

S&T: The technology group S&T AG continues to grow in Q3 – despite the global corona crisis. Revenues in Q3 increased by 6.5% compared to the same quarter of the previous year and by as much as 11% to Euro 297.7 mn compared to Q2 of 2020. EBITDA grew disproportionately by 16% compared to Q3 of 2019 and by 18% compared to the previous quarter of 2020 to more than Euro 31.7 mn. Due to the good results, S&T plans to use half (previously 25%) of the net profit for 2020 for dividends and share buybacks. Hannes Niederhauser, CEO: "Based on these strong figures, we are raising our previous forecast for the 2020 financial year from Euro 115 mn EBITDA and Euro 1.15 bn in revenue to at least Euro 122 mn EBITDA and Euro 1.2 bn in revenue. Providing the effects of the new lockdowns are not too critical, these figures could be exceeded even further. We also reaffirm our medium-term target for 2023 of Euro 2 bn in revenue with an EBITDA of Euro 220 mn.”
S&T: weekly performance: 16.83%

Vienna Stock Exchange: The Vienna Stock Exchange records equity trading volumes of Euro 4.75 bn in October 2020. The most actively traded Austrian stocks were Erste Group Bank AG with Euro 756 mn, ahead of OMV with Euro 594 mn and Verbund with Euro 485 mn. Year-to-date the equity turnover amounts to Euro 56.69 bn. This is a gain of 8.8% over the same period last year (Jan-Oct 2019: Euro 52.12 bn).

Verbund: Austrian utility company Verbund's EBITDA increased by 4.6%, from Euro 946.1 mn to Euro 989.5 mn in the first three quarters. The reported Group result climbed from 450.9 mn to Euro 477.7 mn, an increase of 6.0%. The Group result after adjustment for non-recurring effects was up 3.3%, from Euro 453.3 mn to Euro 468.3 mn. The water supply was at a lower level in quarters 1–3/2020. The hydro coefficient for the run-of-river hydropower plants came to 0.98, which is 2 percentage points below the long-term average and 4 percentage points below the year-ago figure. Based on expectations of an average water supply and an average wind supply in quarter 4/2020 and the opportunities and risks identified, the company expects EBITDA of between around Euro 1,240 mn and Euro 1,300 mn and a Group result of between around Euro 570 mn and Euro 610 mn in financial year 2020.
Verbund: weekly performance: 7.84%

Wienerberger: The Wienerberger Group, world’s largest producer of bricks, closed the first nine months of 2020 with revenues of Euro 2,543.3 mn, driven by a strong 3rd quarter resulting, just 4% lower than the previous year’s record level (Q1-3/2019: Euro 2,655.5 mn). Wienerberger benefited from improvements to the product mix and the continued pursuit of its proactive pricing strategy to cover cost inflation as well as increased demand as a result of catch-up effects as lockdowns ended. The Fast Forward program made a positive contribution of Euro 24 mn to EBITDA LFL which decreased by a mere 7% to Euro 431.7 mn (Q1-3/2019: Euro 462.6 mn). Based on the very strong performance to date, Wienerberger continues to expect that EBITDA LFL will reach the upper end of the guidance of between Euro 480 and 500 mn for the full year 2020.
Wienerberger: weekly performance: 5.54%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (05/11/2020)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #796: ATX stärker und Tons of News sowie ein Reinhören in einen neuen Weihnachtssong von uns

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Aktien auf dem Radar:Pierer Mobility, Porr, Austriacard Holdings AG, Immofinanz, CA Immo, Wienerberger, Frequentis, Erste Group, Bawag, Uniqa, RBI, Andritz, UBM, Cleen Energy, Gurktaler AG Stamm, Wolford, Zumtobel, Marinomed Biotech, Oberbank AG Stamm, Kapsch TrafficCom, Agrana, Amag, EVN, Flughafen Wien, OMV, Palfinger, Österreichische Post, Telekom Austria, VIG.

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