01.10.2018, 2323 Zeichen

Strabag: Austrian-based european building group Strabag SE has acquired the 50 % stake in Pansuevia that had been held by Hochtief, making it the 100 % owner of the concession company operating the Ulm–Augsburg section of the A8 motorway in Germany. Both parties have agreed not to disclose the purchase price. As a consequence of the now necessary full consolidation of Pansuevia by Strabag, the International Financial Reporting Standards (IFRS) require the previous 50 % interest to be revalued through profit or loss (“step-up”). The result is a positive non-operating balance sheet one-off in the mid-range double-digit million euro area to be presented in the earnings before interest and taxes (EBIT) in the consolidated financial statements of Strabag. In this context, Strabag confirmed its forecast of an EBIT margin of at least 3 % from the operating business for the 2018 financial year. This forecast does not include the non-recurring margin increase resulting from the abovementioned non-operating step-up profit in 2018.
Strabag: weekly performance: -2.35%

Zumtobel: The Austrian based international lighting company Zumtobel Group officially opened a new luminaire and component production facility in Niš, Serbia. Alfred Felder, CEO Zumtobel Group, Jürg Zumtobel, Chairman Supervisory Board Zumtobel Group, and Aleksandar Vučić, President of the Republic of Serbia, jointly opened the new production facility. From the political side, the opening ceremony was attended by Gernot Blümel, Austrian Chancellery Minister for the EU, Art, Culture and Media, Nikolaus Lutterotti, the Ambassador of the Republic of Austria to Serbia, Erika Teoman-Brenner, Austrian Trade Commissioner in Serbia and Darko Bulatović, the Mayor of Niš. "Our new plant in Niš, located in the heart of Central Eastern Europe, plays a vital role in paving the company’s way to the future and get back on track. We are convinced that Niš contributes to strengthening our competitiveness while at the same time allowing us to react more flexibly to changing market requirements and to better supply our core European markets as well as the emerging markets in this region," commented Alfred Felder, CEO Zumtobel Group.
Zumtobel: weekly performance: -0.73%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (01/10/2018)

Christian Drastil: Wiener Börse Plausch

Börsepeople im Podcast S18/13: Marco Reiter

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Aktien auf dem Radar:Frequentis, Porr, VIG, Addiko Bank, Pierer Mobility, RHI Magnesita, ATX Prime, Strabag, Mayr-Melnhof, SBO, Lenzing, CPI Europe AG, EVN, CA Immo, AT&S, Andritz, Wienerberger, Verbund, ATX TR, ATX, voestalpine, Österreichische Post, Marinomed Biotech, Erste Group, FACC, Polytec Group, Rosenbauer, UBM, Bawag, DO&CO, Kapsch TrafficCom.

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