21st Austria weekly - UBM, S Immo, EVN, SBO (22/08/2019)

UBM, S Immo: Austrian real estate companies UBM Development and S Immo have sold the last section of Vienna based property Quartier Belvedere Central (QBC) to the international investor EPH Eastern Property Holdings. The forward deal covers the QBC 1&2 office properties with over 38,000 m2 of lettable space and the entire underground parking with nearly 680 parking spaces. The sale proceeds total Euro 233 mn, including approximately Euro 155 mn which are attributable to UBM (66.2% UBM, 33.8% S Immo).
UBM: weekly performance: -1.52%
S Immo: weekly performance: -0.21%

EVN: Revenue recorded by utility company EVN Group rose by 3.5% year-on-year to Euro 1,712.6 mn in the first three quarters of 2018/19. This growth was supported, above all, by a substantial increase in renewable generation, positive impulses from the heat supply business and valuation effects from hedges for electricity gener- ation. These factors were contrasted by declines in thermal electricity generation and in the Networks Segment as well as a change in the calculation method for the so-called “green electricity mark-up“ in Bulgaria which, however, has no effect on profit or loss (also see the comments on the South East Europe Segment). EVN generated EBIT of Euro 236.4 mn in the first three quarters of 2018/19 (previous year: Euro 387.2m). Financial results remained nearly stable at Euro –14.4 mn for the reporting period.
EVN: weekly performance: 3.42%

SBO: Schoeller-Bleckmann Oilfield Equipment AG (SBO), supplier of tools and equipment for directional drilling and well completion applications looks back on a positive first half of 2019. While demand in North America declined and the effects of the subdued spending policy of the exploration and production companies became evident, international markets continued to develop dynamically. Driven by the international growth opportunities, SBO was able to increase its earnings figures soundly in the first six months. SBO's sales increased by +18 % to Euro 236.2 mn, EBIT went up by +18 % to Euro 37.9 mn. Profit before tax rose by almost half to Euro 27.4 mn and profit after tax arrived at Euro 17.2 mn, up by around one third in yearly comparison.
SBO: weekly performance: 0.92%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (22/08/2019)

Christian Drastil: Wiener Börse Plausch

Börsenradio Live-Blick, Mo. 6.5.24: DAX hält die 18.000, Ex-Tag Dt. Post, Rheinmetall heavy, ATX am Finanzminister-Geburtstag fester

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1. Christian Drastil (BSN), Sabine Gstöttner (Inspirin), Karl-Heinz Strauss (Porr), Thomas Birtel (Strabag), Thomas Winkler (UBM)

Aktien auf dem Radar:Palfinger, Immofinanz, Kapsch TrafficCom, Flughafen Wien, EuroTeleSites AG, Addiko Bank, Rosgix, Telekom Austria, RBI, SBO, Uniqa, ams-Osram, Oberbank AG Stamm, Agrana, Amag, CA Immo, Erste Group, EVN, FACC, OMV, Österreichische Post, VIG, Wienerberger, Warimpex, Henkel, Apple, Amgen, Deutsche Post, Vonovia SE, Beiersdorf, Münchener Rück.

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Warimpex
Die Warimpex Finanz- und Beteiligungs AG ist eine Immobilienentwicklungs- und Investmentgesellschaft. Im Fokus der Geschäftsaktivitäten stehen der Betrieb und die Errichtung von Hotels in CEE. Darüber hinaus entwickelt Warimpex auch Bürohäuser und andere Immobilien.

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