27.03.2022, 2126 Zeichen

Palfinger: The Ukraine crisis impacts Austrian based lifting solutions provider Palfinger due to its volume of business in Russia. The crisis also further intensifies the availability problems of trucks and components. Palfinger will therefore decrease its production volume in the coming weeks, with a corresponding negative impact on revenue and profitability. From today's perspective, the EBIT in 2022 will, as a result, be significantly below the EBIT achieved in record year 2021.
Palfinger: weekly performance: -14.23%

S&T: With revenues of Euro 1,342.0 mn (PY: Euro 1,254.8 mn), IT Group S&T generated a revenue growth of 7% – despite the global chip crisis and the resulting revenue shortfall. Delayed shipments and price increases, triggered by the global chip crisis, led to a slight reduction in EBITDA of 3% to Euro 126.3 mn (PY: EUR 130.0 million). Consequently, the net result decreased from Euro 55.6 mn in 2020 to Euro 48.3 mn in 2021. The order backlog climbed to a record level of Euro 1,334.9 mn as of December 31, 2021, compared to Euro 927.2 mn in the previous year. This means that new orders of about Euro 1,750 mn were won in 2021, an increase of 30% compared to the previous year (Euro 1,340 mn). Based on the current dividend policy and due to the high liquidity of Euro 296.5 mn as of December 31, 2021, the Executive Board will submit a dividend proposal of 35 cents to the Annual General Meeting on May 6, 2022, for resolution. Hannes Niederhauser, CEO of S&T AG: “2021 was a difficult year, but we mastered challenges such as the ongoing Corona pandemic and the chip crisis well. In 2022, the course will be set anew. With the sale of the IT Services segment, we are bundling our expertise in the IoT area. We will replace lost IT sales with the expansion of our IoT technologies. Fuelled by the high order backlog of Euro 1,335 mn, we expect revenues of at least Euro 1,500 mn with EBITDA of 10% in 2022. By 2025, we are targeting a revenue increase to Euro 2,000 mn in IoT.”
S&T: weekly performance: 12.87%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (21/03/2022)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #636: Marcel Hirscher läutet wieder die Opening Bell und ich denke dabei an Palfinger und Raiffeisen

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Aktien auf dem Radar:Addiko Bank, Immofinanz, Marinomed Biotech, Flughafen Wien, Warimpex, EuroTeleSites AG, ATX Prime, ams-Osram, AT&S, Palfinger, RBI, Strabag, Pierer Mobility, UBM, CA Immo, Frequentis, Lenzing, SW Umwelttechnik, Oberbank AG Stamm, Wolford, Agrana, Amag, Erste Group, EVN, Kapsch TrafficCom, OMV, Österreichische Post, Telekom Austria, Uniqa, VIG, Wienerberger.

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