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21st Austria weekly - Lenzing, Andritz, Valneva, UBM, Frequentis (20/02/2023)

26.02.2023

Lenzing: Austrian based fibers producer Lenzing has teamed up with NFW (Natural Fiber Welding Inc.) to offer TENCEL™ branded fibers as another backer option for NFW’s patented plant-based technology, MIRUM®. The MIRUM® x TENCEL™ collaboration will be showcased for the first time in Milan, Italy during the international leather fair, LINEAPELLE, which will take place on 21st – 23rd February 2023 in Milan, Italy.
Lenzing: weekly performance: 0.00%

Andritz: International technology group Andritz has received an order from Procter & Gamble (P&G) to supply a PrimeLineTAD (Through-Air Dried) tissue machine for its Family Care plant in Box Elder, Utah, USA. Start-up is scheduled for 2024. Further, Andritz announced that it has received an order from Lee & Man Paper Manufacturing Ltd., Malaysia, for a PrimePress X shoe press at their mill in Banting, Malaysia. Start-up is planned for end of 2023.
Andritz: weekly performance: 2.22%

Valneva: Valneva, an Austrian/French specialty vaccine company, announced that the U.S. Food and Drug Administration (FDA) has completed a filing review of its Biologics License Application for Valneva’s single-shot chikungunya vaccine candidate VLA1553 and has determined that the application is sufficiently complete to permit a substantive review. The review classification is Priority.
Valneva: weekly performance: -6.12%

UBM: UBM Development AG expects earnings before taxes of Euro 30 to 31 mn for the 2022 financial year based on currently available data. In view of the ongoing standstill on the transaction market, this is a respectable result but is below the originally projected Euro 38 to 42 mn. The underlying reasons involve delays in the receipt of permits and transfers which were expected by year-end 2022. UBM had over €324m of liquid funds and an equity ratio which remained within the target corridor of 30-35% as of 31 December 2022. Net debt totalled €499m at year-end. “Unfortunately, we were unable to match the last two years’ results in this third successive crisis year”, explained UBM CEO Thomas G. Winkler.
UBM: weekly performance: -2.69%

Frequentis: Frequentis assists the US Department of Defense with digital tower technology trials at Moody Air Force Base in Georgia. The Moody digital tower solution provides control over an airfield with multiple, parallel runways. The solution uses advanced augmentation to deliver enhanced situational awareness for control over a variety of aircraft types, to include military and civilian aircraft. Following the success of the Frequentis Digital Tower in Florida, Moody Air Force Base becomes the first Department of Defense (DoD) base with multiple runways to test a Digital Tower. “Following the success at both Homestead and Moody, interest in our Digital Tower solution, and the vast improvement in situational awareness that it provides to the Air Traffic Controller, has grown steadily throughout this program. We’re looking forward to the next upcoming installation at a naval air station,” says Jay Balakirsky, President of Frequentis Defense, Inc.
Frequentis: weekly performance: -6.25%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/02/2023)


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21st Austria weekly - Lenzing, Andritz, Valneva, UBM, Frequentis (20/02/2023)


26.02.2023, 3185 Zeichen



Lenzing: Austrian based fibers producer Lenzing has teamed up with NFW (Natural Fiber Welding Inc.) to offer TENCEL™ branded fibers as another backer option for NFW’s patented plant-based technology, MIRUM®. The MIRUM® x TENCEL™ collaboration will be showcased for the first time in Milan, Italy during the international leather fair, LINEAPELLE, which will take place on 21st – 23rd February 2023 in Milan, Italy.
Lenzing: weekly performance: 0.00%

Andritz: International technology group Andritz has received an order from Procter & Gamble (P&G) to supply a PrimeLineTAD (Through-Air Dried) tissue machine for its Family Care plant in Box Elder, Utah, USA. Start-up is scheduled for 2024. Further, Andritz announced that it has received an order from Lee & Man Paper Manufacturing Ltd., Malaysia, for a PrimePress X shoe press at their mill in Banting, Malaysia. Start-up is planned for end of 2023.
Andritz: weekly performance: 2.22%

Valneva: Valneva, an Austrian/French specialty vaccine company, announced that the U.S. Food and Drug Administration (FDA) has completed a filing review of its Biologics License Application for Valneva’s single-shot chikungunya vaccine candidate VLA1553 and has determined that the application is sufficiently complete to permit a substantive review. The review classification is Priority.
Valneva: weekly performance: -6.12%

UBM: UBM Development AG expects earnings before taxes of Euro 30 to 31 mn for the 2022 financial year based on currently available data. In view of the ongoing standstill on the transaction market, this is a respectable result but is below the originally projected Euro 38 to 42 mn. The underlying reasons involve delays in the receipt of permits and transfers which were expected by year-end 2022. UBM had over €324m of liquid funds and an equity ratio which remained within the target corridor of 30-35% as of 31 December 2022. Net debt totalled €499m at year-end. “Unfortunately, we were unable to match the last two years’ results in this third successive crisis year”, explained UBM CEO Thomas G. Winkler.
UBM: weekly performance: -2.69%

Frequentis: Frequentis assists the US Department of Defense with digital tower technology trials at Moody Air Force Base in Georgia. The Moody digital tower solution provides control over an airfield with multiple, parallel runways. The solution uses advanced augmentation to deliver enhanced situational awareness for control over a variety of aircraft types, to include military and civilian aircraft. Following the success of the Frequentis Digital Tower in Florida, Moody Air Force Base becomes the first Department of Defense (DoD) base with multiple runways to test a Digital Tower. “Following the success at both Homestead and Moody, interest in our Digital Tower solution, and the vast improvement in situational awareness that it provides to the Air Traffic Controller, has grown steadily throughout this program. We’re looking forward to the next upcoming installation at a naval air station,” says Jay Balakirsky, President of Frequentis Defense, Inc.
Frequentis: weekly performance: -6.25%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/02/2023)



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