11.08.2019, 2585 Zeichen
Andritz: Austrian based international technology group Andritz has received an order from North American Stainless for renewal of cold strip line #1 at the Ghent, Kentucky plant. The scope of supply and services includes engineering and delivery of a new chemical processing section, major modifications to the entry section of the line, new mist cooling section after the furnace, as well as the electrics & automation, and commissioning of the upgraded line. The modernization work is scheduled for completion in the fourth quarter of 2020.
Andritz: weekly performance: -2.02%
Austrian Post: Austrian Post’s Group revenue increased to Euro 981.1mn, implying an increase of 2.7% in the first half year. Both the Mail & Branch Network Division (+1.3%) and the Parcel & Logistics Division (+7.8%) showed a positive development in the reporting period. EBIT of the Austrian Post Group has increased by 2.5% from the prior-year level to Euro 107.7 mn on the basis of solid revenue development combined with strict cost discipline. This strong development in the first half of 2019 should enable Austrian Post to remain consistent with its clear capital market positioning as a reliable dividend stock. Earnings per share have increased to Euro 1.17 compared to Euro 1.12 in the prior-year period. CEO Georg Pölzl said: “Austrian Post aims to achieve a slight revenue increase for the entire 2019 financial year and stable operating earnings in line with the previous year”.
Österreichische Post: weekly performance: 7.33%
Rosenbauer: The Rosenbauer Group, manufacturer of systems for firefighting and disaster protection, once again posted strong growth in the first six months of 2019. Group revenues rose by 12% year-on-year to Euro 394.6 mn. In particular, deliveries to North America, Central Europe and Asia were higher, while especially the Middle East recorded declines. At Euro 571.1 mn, new orders were also significantly higher than the previous year (1-6/2018: Euro 525.4 mn). On the other hand, higher expenses for staff and materials in anticipation of the planned increase in output in the second half of the year, negatively affected profitability and resulted in EBIT dropping to Euro 5.2 mn (1-6/2018: Euro 10.1 mn). Despite this interim result, the Rosenbauer Executive Board believes that the company is still within the target corridor and is anticipating revenues above Euro 950 mn and an EBIT margin of approximately 5.5% for the year as a whole.
Rosenbauer: weekly performance: -0.71%
(From the 21st Austria weekly https://www.boerse-social.com/21staustria (10/08/2019)
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