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21st Austria weekly - Vienna Airport, Polytec (16/05/2024)

19.05.2024

Vienna Airport: Passenger traffic at Vienna Airport increased in the first quarter of 2024 compared to the first quarter of 2023. From January to March 2024, the Flughafen Wien Group (Vienna Airport and the international strategic investments Malta Airport and Kosice Airport) reported a rise in passenger traffic in the period January-March 2024 to a total of 7,580,972 travellers, comprising a rise of 13.8%. In Q1/2024, the Flughafen Wien Group generated revenue of € 210.3 million, comprising a year-on-year increase of 16.6%. EBITDA rose to € 79.5 million compared to the previous year, whereas EBIT climbed to € 46.5 million. 
Flughafen Wien: weekly performance: -1.41%

Polytec: The POLYTEC GROUP, a leading developer and manu­facturer of high-quality plastic components, reported consolidated sales revenues in the first three months of EUR 172.3 million (Q1 2023: EUR 167.8 million). Earnings before interest and taxes (EBIT) were negative in both the third quarter of 2023 (minus EUR 3.0 million) and the fourth quarter of 2023 (minus EUR 4.0 million). In the first quarter of 2024, POLYTEC GROUP's EBIT took a very significant turn positive and amounted to EUR 1.4 million (Q1 2023: EUR 0.2 million). The EBIT margin rose by 0.7 percentage points from 0.1% to 0.8% compared to the first quarter of the previous year. From today's perspective, the management of POLYTEC Holding AG furthermore expects planned consolidated sales revenues in the range of EUR 660 million to EUR 710 million for the 2024 financial year and is targeting an EBIT margin of around 2% to 3%. The rising sales trend will be strengthened by the ramp-up of new projects, which are a consequence of the high order intakes of previous years.
Polytec Group: weekly performance: 0.55%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/05/2024)


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21st Austria weekly - Vienna Airport, Polytec (16/05/2024)


19.05.2024, 1847 Zeichen



Vienna Airport: Passenger traffic at Vienna Airport increased in the first quarter of 2024 compared to the first quarter of 2023. From January to March 2024, the Flughafen Wien Group (Vienna Airport and the international strategic investments Malta Airport and Kosice Airport) reported a rise in passenger traffic in the period January-March 2024 to a total of 7,580,972 travellers, comprising a rise of 13.8%. In Q1/2024, the Flughafen Wien Group generated revenue of € 210.3 million, comprising a year-on-year increase of 16.6%. EBITDA rose to € 79.5 million compared to the previous year, whereas EBIT climbed to € 46.5 million. 
Flughafen Wien: weekly performance: -1.41%

Polytec: The POLYTEC GROUP, a leading developer and manu­facturer of high-quality plastic components, reported consolidated sales revenues in the first three months of EUR 172.3 million (Q1 2023: EUR 167.8 million). Earnings before interest and taxes (EBIT) were negative in both the third quarter of 2023 (minus EUR 3.0 million) and the fourth quarter of 2023 (minus EUR 4.0 million). In the first quarter of 2024, POLYTEC GROUP's EBIT took a very significant turn positive and amounted to EUR 1.4 million (Q1 2023: EUR 0.2 million). The EBIT margin rose by 0.7 percentage points from 0.1% to 0.8% compared to the first quarter of the previous year. From today's perspective, the management of POLYTEC Holding AG furthermore expects planned consolidated sales revenues in the range of EUR 660 million to EUR 710 million for the 2024 financial year and is targeting an EBIT margin of around 2% to 3%. The rising sales trend will be strengthened by the ramp-up of new projects, which are a consequence of the high order intakes of previous years.
Polytec Group: weekly performance: 0.55%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/05/2024)



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