21st Austria weekly - Warimpex, Pierer Mobility, Biogena, Agrana (27/11/2020)

Warimpex: Total revenues of Warimpex Group dropped in first nine month from Euro 23.3 mn to Euro 19.5 mn for the first three quarters of 2020. The result for the period for the Warimpex Group decreased from Euro 57.5 million to minus EUR 31.2 mn in the first nine months of 2020. This decline can be attributed to the lack of property sales and accounting gains as well as to losses from property valuation and currency translation, a negative result from the Hotels segment, and write-downs on deferred tax assets. CEO Franz Jurkowitsch: “We assume that the hotel segment will recover in the individual markets as the situation normalises. We expect the positive trend in the office segment to continue. After all, premium office space will continue to be in demand in the future, even if the way offices are organised is changing: We are seeing a shift from the open-plan office to flexible office spaces that meet the requirements of modern work environments. And we are taking precisely this trend into account in our current office developments. Our strategic focus will continue to be on building up our real estate holdings, strengthening our earning potential, diversifying the property portfolio, and creating new offerings. With a crisis-tested team, deep roots in its core markets, excellent relationships with strong partners, and the economic strength of its business model and financial base, Warimpex is optimally equipped to overcome the current and coming challenges.”
Warimpex: weekly performance: 2.16%

Pierer Mobility: Pierer Mobility AG was informed by Pierer Industrie AG and Bajaj that they have restarted discussions on assessing the possibility of transferring Bajaj's 48% stake in the operating KTM AG to Pierer Mobility AG, with the Pierer-Group continuing to retain the controlling majority over Pierer Mobility AG. Pierer Industrie AG and Bajaj will now evaluate the proposals in detail. Pierer Industrie AG holds more than 60% of the shares of Pierer Mobility AG. The listed company Pierer Mobility AG holds approximately 51.7% of the shares of KTM AG; Bajaj Auto International Holdings BV (referred to as Bajaj) holds approximately 48% of the shares of the operating KTM AG. In preparation for the possible transaction, Pierer Industrie AG in a first step contributes its 60% stake in Pierer Mobility AG to "PTW Holding AG" through a contribution in kind, which will thus become a direct 60% shareholder of Pierer Mobility AG. If a decision is taken to execute the transaction, Pierer Mobility AG will consider the legal and economic requirements and conditions of a capital increase by contribution in kind from the existing authorized capital of the company. The authorized capital enables a capital increase of up to 50% of the existing share capital. After the transaction, the stake of Pierer Mobility AG in KTM AG increases from currently 51.7% to approximately 99.7%.
Pierer Mobility AG: weekly performance: -0.90%

Biogena: The Vienna Stock Exchange reports a new addition to its entry segment "direct market". From today, shares of Biogena Group Invest can be traded exclusively on the Vienna Stock Exchange. Baader BANK AG Wertpapierhandelsbank is the responsible Market Maker in continuous trading. Biogena Group Invest AG is the issuing company of the central operating Biogena Group Invest GmbH & Co KG. The Salzburg-based family business develops, produces and markets micronutrient products made in Austria with high quality standards as well as integrated solutions in the field of workplace health promotion.

Agrana: Due to growing contracts concluded for 2021 covering over 38,200 hectares, the processing of sugar beet at both sugar refineries in Austria is commercially viable. For this reason, the Supervisory Board of Agrana Beteiligungs-AG approved the continuing operation of the Leopoldsdorf site. 
Agrana: weekly performance: -0.60%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (27/11/2020)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #633: Heute April Verfall, Ex-Marinomed-Investor in Troubles und die Radio-Studios A, B, C und vielleicht D

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1. Warimpex - Mogilska 43 Office in Krakau - Credit: Memos

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