12.09.2021, 3091 Zeichen

Lenzing: The Supervisory Board of Lenzing AG, the world’s leading producer of wood-based cellulosic fibers, has come to a mutual agreement with its longstanding Chief Executive Officer Stefan Doboczky to end his contract. Doboczky has informed the Supervisory Board that he will not be available for another extension of his contract. With great regret the Supervisory Board of Lenzing AG accepts his resignation and the parties mutually agreed to end the contract effective September 30, 2021. “My sincere thanks go to Stefan Doboczky for his exceptional achievements at Lenzing. The design and implementation of the transformation of Lenzing AG into a global specialty fiber leader and the positioning of the company as a recognized sustainability champion have been major accomplishments of Stefan Doboczky over the last years”, said Chairman of the Supervisory Board, Peter Edelmann.
Lenzing: weekly performance: -9.15%

Andritz: International technology Group Andritz has received the second order in a row from Kastamonu Entegre to supply a disc chipper and a pressurized refining system for its MDF production line in Balikesir, Turkey. Start-up of the new equipment is planned for the end of 2022. The centerpiece of the new line will be the pressurized refining system, including a proven 24” plug screw feeder and a high-capacity S2070M refiner that will process pine, beech and oak as raw material.
Andritz: weekly performance: -0.08%

Zumtobel: Results for the first quarter of the 2021/22 financial year (1 May 2021 to 30 April 2022) show a clear stabilisation in revenues for the lightning group Zumtobel, which has now returned to the development recorded before the pre-crisis year in 2019/20. Group revenues rose by 15.4% to Euro 289.3 mn and nearly reached the 2019/20 level of Euro 296.4 mn. At Euro 20.1 mn, EBIT nearly tripled over the first quarter of 2020/21 (Euro 7.0 mn), which was heavily influenced by the corona pandemic, and was also substantially higher than the EBIT of Euro 15.4 mn recorded in the first quarter of the pre-crisis year in 2019/20. Net profit more than quadrupled year-on-year with an increase from Euro 3.1 mn to Euro 13.4 mn. The corona crisis is still not over, which means a certain degree of uncertainty over the development of the global economy will continue to exist in the coming months. The situation on the raw materials market also remains difficult for producing companies like the Zumtobel Group. In particular, the shortage of semiconductors and raw materials like steel and aluminium create substantial challenges. This limited availability was responsible for a reduction in capacity utilisation in the Zumtobel Group’s production facilities. The company is also confronted with rising transport costs and a decline in transport capacity. The Management Board of the Zumtobel Group confirms the outlook and expects an increase of 4% to 7% in revenues and an EBIT margin of 4% to 5% for the 2021/22 financial year.
Zumtobel: weekly performance: -2.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/09/2021)

Christian Drastil: Wiener Börse Plausch

Börsepeople im Podcast S12/08: Robert Abend

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