12.04.2020, 4564 Zeichen

Pierer Mobility: The Executive Board of Pierer Mobility AG has decided to temporarily suspend the share buyback programme of Pierer Mobility AG with effect from April 7, 2020. In the period from October 22, 2019 to April 6, 2020, a total of 224,043 shares were purchased via the stock exchange. This corresponds to around 0.99 percent of the company's share capital. As of April 6, 2020, Pierer Mobility AG therefore holds 224,043 own shares.
Pierer Mobility AG: weekly performance: 5.71%

CA Immo: In view of the Covid-19 pandemic, the Management Board of CA Immobilien Anlagen AG has decided to reschedule the 33rd Annual General Meeting from originally 7 May 2020 to 25 August 2020. As a result, the resolution on the appropriation of net profit for 2019 and a dividend payment will also be postponed.
CA Immo: weekly performance: -0.33%

Mayr-Melnhof: The Management Board and Supervisory Board of Mayr-Melnhof Karton AG, a producer of coated recycled fiber-based cartonboard, will propose to the 26th Ordinary Shareholders’ Meeting on April 29, 2020, despite a good current order situation, a dividend on the previous year’s level of EUR 3.20 per share for the 2019 financial year instead of an increase to EUR 3.60 per share in line with profit. This is a precaution for the expected recession resulting from the Covid-19-pandemic, the company said in .
Mayr-Melnhof: weekly performance: 4.50%

voestalpine: The COVID-19 pandemic and its global impact will have a negative influence on voestalpine results. Today the Management Board of voestalpine AG announced the necessity of non-recurring write-offs due to impairments of assets. In addition to the measures taken in December 2019, voestalpine AG will now make non-recurring write-offs to the sum of Euro 125 mn in several business segments during the 2019/2020 business year. The impairment tests indicated that non-recurring write-offs needed to be made at the foundries in Traisen and Linz, Seamless Tubes (Tubulars), Welding Consumables (welding sector), Buderus Edelstahl (Wetzlar, Germany), Cartersville and Texas (USA). The write-offs will have an impact on the EBIT during the fourth quarter of the 2019/2020 business year. As announced at the end of March, of the total 22,300 employees in Austria, around 18,000 have already been registered for short-time work. This figure will rise to 20,000 by May. As before, irrespective of the economic considerations, our primary concern remains the health of our employees,” says CEO Eibensteiner. “However, in view of the COVID-19 pandemic and its impact on our operating environment, naturally we have no other choice but to be much more critical than originally planned in our assessments of future market expectations. Therefore, we must further reduce our expectations for the business year 2020/21 and for the value of individual companies, and again implement non-recurring write-offs,” Eibensteiner continues. “This does not alter our long-term strategic orientation. We will continue to focus on technology-intensive sectors with the most stringent quality standards.” The current standstill in many sectors of the economy must end soon. “Apart from our current crisis management, we are already preparing for the announced restart of the automotive industry and other sectors which are more important to our Group. Quickly getting back up to speed will be vital. The Austrian government has now taken the first step towards restarting economic activities and reviving consumption. Now further steps must soon follow in order to get industrial production back up and running as quickly as possible.” Based on these exceptional, non-recurring measures, from its current standpoint the Management Board of voestalpine AG expects a slightly reduced (over the outlook in late 2019) operating result (EBITDA) of over Euro 1.1 billion for the business year 2019/20 ended on March 31, 2020. With respect to EBIT, the previous outlook no longer applies: profit from operations (EBIT) will be negative at around – Euro 135 million (previous outlook: “just positive EBIT”). In order to secure its financial resources, voestalpine continues to work at full speed to implement the announced cost savings and efficiency optimization programs. Furthermore, the focus will remain on cash flow optimization and reductions in inventory, while investments will be cancelled. Construction of the special steel plant in Kapfenberg will continue.
voestalpine: weekly performance: 6.12%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/04/2020)

Christian Drastil: Wiener Börse Plausch

Kapitalmarkt-stimme.at daily voice: Erwin Hof (Wiener Börse) lässt Buy & Hold gegen Sell in May antreten, hier am Beispiel ATX TR

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Aktien auf dem Radar:Telekom Austria, AT&S, Flughafen Wien, Amag, CPI Europe AG, voestalpine, Oberbank AG Stamm, Verbund, OMV, CA Immo, Zumtobel, Polytec Group, Rosenbauer, Semperit, BKS Bank Stamm, EuroTeleSites AG, Österreichische Post, Allianz, Rheinmetall, Continental, Porsche Automobil Holding, Fresenius Medical Care, Fresenius, Zalando, Deutsche Boerse, Brenntag, adidas, Commerzbank, Infineon, MTU Aero Engines, SAP.

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