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21st Austria weekly - Rosenbauer, Vienna Insurance Group (13/08/2021)

15.08.2021

Rosenbauer: The Rosenbauer Group, manufacturer of systems for firefighting and disaster protection, generated revenues of Euro 448.1 mn in the first half of 2021. Following a recovery process in the second quarter of the year, revenues remained at a very high level but fell just short of the multi-year record high achieved in the previous year (1-6/2020: Euro 458.0 mn). The MENA and CEEU areas increased their business volumes by 25% and 14% respectively. Meanwhile, the surprisingly fast global economic rebound is putting many supply chains under pressure, including that of the Rosenbauer Group, and key manufacturing sectors are grappling with inefficiencies such as poor availability of materials and delayed deliveries. The waiver of COVID-19 liquidity support at several international locations meant that the effects of this strained supply situation were largely offset. As a result, the Rosenbauer Group achieved a significantly higher EBIT figure of Euro 9.3 mn in the first six months of 2021 (1-6/2020: Euro 5.4 mn). New orders were above the previous year’s level at Euro 488.2 mn (1-6/2020: Euro 455.3 mn).
Rosenbauer: weekly performance: 4.38%

Vienna Insurance Group: The European Commission has decided to grant the competition law clearance for the acquisition of Aegon's businesses in Central and Eastern Europe by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). On November 29, 2020, Aegon agreed to sell its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey to VIG for Euro 830 mn. VIG is in the process of obtaining all approvals from the relevant national authorities.
VIG: weekly performance: 6.11%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (13/08/2021)


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21st Austria weekly - Rosenbauer, Vienna Insurance Group (13/08/2021)


15.08.2021, 1760 Zeichen



Rosenbauer: The Rosenbauer Group, manufacturer of systems for firefighting and disaster protection, generated revenues of Euro 448.1 mn in the first half of 2021. Following a recovery process in the second quarter of the year, revenues remained at a very high level but fell just short of the multi-year record high achieved in the previous year (1-6/2020: Euro 458.0 mn). The MENA and CEEU areas increased their business volumes by 25% and 14% respectively. Meanwhile, the surprisingly fast global economic rebound is putting many supply chains under pressure, including that of the Rosenbauer Group, and key manufacturing sectors are grappling with inefficiencies such as poor availability of materials and delayed deliveries. The waiver of COVID-19 liquidity support at several international locations meant that the effects of this strained supply situation were largely offset. As a result, the Rosenbauer Group achieved a significantly higher EBIT figure of Euro 9.3 mn in the first six months of 2021 (1-6/2020: Euro 5.4 mn). New orders were above the previous year’s level at Euro 488.2 mn (1-6/2020: Euro 455.3 mn).
Rosenbauer: weekly performance: 4.38%

Vienna Insurance Group: The European Commission has decided to grant the competition law clearance for the acquisition of Aegon's businesses in Central and Eastern Europe by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). On November 29, 2020, Aegon agreed to sell its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey to VIG for Euro 830 mn. VIG is in the process of obtaining all approvals from the relevant national authorities.
VIG: weekly performance: 6.11%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (13/08/2021)



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