21.06.2020, 3761 Zeichen

Valneva: Valneva, a French/Austrian specialty vaccine company, and Bavarian Nordic today announced that they have signed a binding term sheet to establish a partnership for the marketing and distribution of their commercial products. The partnership will provide both companies with additional critical mass, significant commercial synergies and a market leadership position in the specialty vaccine industry. Under the agreed terms, Valneva will commercialize Bavarian Nordic’s marketed vaccines leveraging its commercial infrastructure in Canada, UK, France and Austria. Valneva will also take responsibility for Belgium and the Netherlands where it will set up new commercial operations. Bavarian Nordic will commercialize Valneva’s marketed products in Germany and Switzerland. The partnership includes vaccines that protect against rabies, Japanese Encephalitis, tick-borne encephalitis and cholera. The agreement follows Bavarian Nordic’s recent acquisition of two commercial vaccines from GlaxoSmithKline. The transition from current arrangements will commence later this year and through 2021 in line with existing distribution agreements. Valneva expects limited additional revenues in 2020 with more material impact from 2021 onwards.
Valneva: weekly performance: 17.29%

Agrana: According to preliminary figures, fruit, sugar and starch company Agrana-Beteiligungs-AG achieved an operating result (EBIT) of Euro 32.0 mn for the first quarter of 2020|21 (1 March to 31 May 2020), slightly above the figure for Q1 2019|20 (30.9 mn). Preliminary consolidated revenues amounted to € 652.6 million in the first three months (Q1 2019|20: Euro 638.4 mn). The 3.6 percent rise in the operating result is attributable to a much improved development of earnings in the Sugar segment during the period under review. The result in the Starch segment was lower due to ethanol prices and in the Fruit segment as a consequence of the weaker development of earnings for fruit juice concentrates.
On the basis of the forecasts prepared before the incidence of COVID-19, the Agrana Group anticipated a significant increase in consolidated EBIT for the full year 2020|21. This guidance remains subject to the currently unquantifiable commercial and financial impacts, as well as the duration, of the COVID-19 pandemic.
Agrana: weekly performance: -3.04%

Raiffeisen Bank International: The Supervisory Board of Raiffeisen Bank International AG (RBI) agreed to the integration of its Vienna-based subsidiary Raiffeisen Centrobank AG (RCB) into RBI. The integration is planned to be conducted in two phases over the next two years. As a first step, the transfer of RCB’s equity business, consisting of Equity Sales, Equity Capital Markets and Company Research, will be prepared by means of a spin-off. The full integration of the remaining business areas Certificates and Trading into RBI is planned to occur by the end of 2022 by way of merger. The reorganization steps are still subject to necessary board resolutions from RCB and RBI as well as approvals by the Austrian Financial Markets Authority and entry in the commercial register. Łukasz Januszewski, Board Member at RBI in charge of Markets and Investment Banking and Chairman of RCB’s Supervisory Board, said, “Bundling our capital market capabilities under one roof aims at improving our product offering on the equity side and ensuring more efficiency. In the mid-term, we expect to integrate the highly successful certificates and trading business and thus be able to offer the entire spectrum of services and products around equities, certificates, and equity capital transactions from one hand.”
RBI: weekly performance: -0.06%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (18/06/2020)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #645: ATX TR ärgert sich über fehlenden Applaus, ATX NTR noch nicht soweit, Porr & Strabag together

Bildnachweis

Aktien auf dem Radar:Palfinger, Immofinanz, EVN, Flughafen Wien, EuroTeleSites AG, Addiko Bank, ATX TR, Wienerberger, Andritz, VIG, ATX, Mayr-Melnhof, ams-Osram, AT&S, Stadlauer Malzfabrik AG, Verbund, SW Umwelttechnik, Oberbank AG Stamm, BKS Bank Stamm, Agrana, Amag, CA Immo, Erste Group, FACC, Kapsch TrafficCom, OMV, Österreichische Post, Telekom Austria, Uniqa, Infineon, Zalando.

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