09.10.2022, 3514 Zeichen

Mayr-Melnhof: The Mayr-Melnhof Group (MM) has successfully finalized the acquisition of Essentra Packaging, after receiving approval from all relevant competition authorities.  Through this acquisition, MM Packaging expands its cartons, leaflets and labels activities for the resilient and profitable Healthcare & Pharma market creating a platform for further growth. Peter Oswald, CEO of MM Group, highlights, “Essentra Packaging is a game-changer for us, positioning MM as a global player in secondary pharma packaging, enabling more innovation and more investment in sustainability. We have identified attractive synergies and upside potential which we will leverage through the integration. Together with the team of Essentra Packaging we are fully geared to shape the future of pharma packaging.” MM is a leading global producer of cartonboard and folding cartons with an attractive offer in kraft papers and uncoated fine papers for various end applications. MM promotes sustainable development through innovative, recyclable packaging and paper products.Essentra Packaging has 21 manufacturing sites in 10 countries throughout Europe, US Mainland and Puerto Rico ideally complementing MM Packaging’s current position in pharma packaging in the Nordics and France. Essentra Packaging employs about 3,500 people and reported 2021 sales of c. GBP 370 million (currently approx. Euro 410 mn).
Mayr-Melnhof: weekly performance: -0.15%

OMV: Austrian based oil, gas and chemicals group OMV announced that it is working on two geothermal development projects: one in Austria and one in Germany, where OMV is cooperating with a partner.According to OMV experts, the geothermal conditions in the Vienna Basin are suitable for use as a direct heat carrier. In northern Germany, the geothermal energy could be used to generate electricity.
OMV: weekly performance: 6.85%

Vienna Airport: The Management Board of Flughafen Wien AG (Vienna Airport) continues to advise its shareholders not to accept the purchase offer of IFM Global Infrastructure Fund – Shareholders who have already accepted the offer, but who would like to be in full control of their shares again due to the long timeline in the amendments to the offer therefore need to object to the amendments to the offer. Furthermore, the Management Board still anticipates the risk that acceptance of the Offer will further impair the liquidity and thus the tradability of the shares, potentially ultimately leading to the shares being delisted, which the Management Board does not wish for.
Flughafen Wien: weekly performance: -0.15%

S Immo: Only recently, S Immo AG announced its intention to dispose of German residential properties in the course of a strategy update. Now the first sales successes can already be reported: Larger portfolios have been sold in both Rostock and Leipzig. In both cases, the parties agreed not to disclose the purchase price.  Herwig Teufelsdorfer, Member of the Management Board of S Iimmo AG, comments: "Our strategy of selling German residential properties and acquiring higher-yielding office properties in Hungary and Austria in return has reached an important milestone today. With these sales, we are realising the value developments of recent years and gaining liquidity for further acquisitions. This will strengthen our profitability permanently and sustainably – also in the interest of our shareholders."
S Immo: weekly performance: 0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/10/2022)

Christian Drastil: Wiener Börse Plausch

Börsepeople im Podcast S5/20: Martin Stenitzer

Bildnachweis

Aktien auf dem Radar:Addiko Bank, Bawag, Österreichische Post, Warimpex, Marinomed Biotech, Flughafen Wien, Andritz, Polytec Group, AT&S, Erste Group, Frauenthal, Lenzing, OMV, SBO, UBM, Wolford, Oberbank AG Stamm, ATX, Commerzbank, Deutsche Bank, Bayer, Covestro, Deutsche Post, Münchener Rück, Zalando, Qiagen, Brenntag, Continental, HeidelbergCement, SAP, Deutsche Telekom.

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