21st Austria weekly - Raiffeisen Bank International, Agrana, Kapsch TrafficCom, Vienna Airport (16/06/2021)

Raiffeisen Bank International: The Supervisory Board of Raiffeisen Bank International AG (RBI) unanimously passed a resolution in its meeting today to extend Johann Strobl’s Management Board term of office, which was due to expire at the end of February 2022, by a further five years. This reflects the high value placed by the Supervisory Board on Johann Strobl’s exceptional performance in the past years, his outstanding expertise and his prudent management approach. Johann Strobl has served as CEO of RBI since March 2017. He was previously CRO of Raiffeisen Zentralbank Österreich AG from 2007 and CRO of RBI from 2010.
RBI: weekly performance: -2.79%

Agrana: In the first quarter of 2021|22 (1 March to 31 May 2021), fruit-. starch- and sugar group Agrana generated earnings before interest and tax (EBIT) of Euro 20.9 mn (Q1 2020|21: Euro 32.0 mn). The stable development of business in the Fruit segment contrasted with declining earnings in the Starch segment (due to higher cost of raw materials) and the Sugar segment (due to lower sales). Revenue amounted to Euro 705.8 mn in the first three months of the financial year (Q1 2020|21: Euro 652.6 mn).
Agrana: weekly performance: -1.99%

Kapsch TrafficCom: In financial year 2020/21, revenues of traffic systems developer Kapsch TrafficCom decreased to Euro 505 mn, which was 31% lower than the previous year's figure. The operating result (EBIT) was negative at Euro -123.2 mn (previous year: Euro -39.2 mn). The Executive Board, will not propose a dividend payout for the loss year of 2020/21 at the Ordinary Annual General Meeting 2021. A distribution also appears unlikely for the following financial year.  The implemented measures to reduce the cost basis should show success and make the EBIT positive again. In this context, follow-up effects and additional expenses in connection with the restructuring must be expected in particular in Q1 2021/22. For the full year, management expects an EBIT margin in the lower single-digit percentage range. In order to protect the company's capital base against unanticipated developments, the Executive Board of the forthcoming AGM will propose that authorization for a capital increase be granted. This anticipatory resolution for a capital increase should make it possible to raise the share capital by up to 1.3 mn shares, which equates to 10%.
Kapsch TrafficCom: weekly performance: -2.65%

Vienna Airport: The Vienna Airport innovation hub is steadily growing in spite of the Covid-19 pandemic. Since its launch at Vienna Airport in 2019, the California-based startup accelerator Plug and Play has funded several innovation projects. Now the AirportCity has lured together with the Vienna Airport a new startup investor – the Austrian Israeli venture capital company Presto Tech Hub. “We see considerable potential in the new office space offered at Vienna Airport, because they are excellently suited for international and international customers. The proximity to the highway and the direct links to the airport result in an international accessibility which is important for startups with global networks. We look forward to working closely together with Plug and Play and Vienna Airport in the future on new pilot projects. Numerous ideas will come our way which can be wonderfully installed and tested at Vienna Airport”, says Atanas Z. Zhelev, Managing Director of Presto Tech Hub.
Flughafen Wien: weekly performance: -2.52%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/06/2021)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #643: ATX Financials wird umgebaut, Erste Group Memories und Happy Birthday, Magnus Brunner!

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Aktien auf dem Radar:Palfinger, Immofinanz, Kapsch TrafficCom, Flughafen Wien, Addiko Bank, Lenzing, Rosgix, ATX, ATX TR, Wienerberger, Andritz, VIG, Uniqa, Gurktaler AG VZ, Pierer Mobility, Wolford, Warimpex, SW Umwelttechnik, Oberbank AG Stamm, Agrana, Amag, CA Immo, Erste Group, EVN, FACC, OMV, Österreichische Post, Telekom Austria.

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