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21st Austria weekly - Wienerberger, ams (27/07/2020)

02.08.2020

Wienerberger: Brick producer Wienerberger Group has delivered solid half-year results despite the negative effects of the Covid-19 pandemic. In this difficult market environment, revenues at Group level reached Euro 1,640 mn (HY 2019: Euro 1,736 mn) and EBITDA LFL amounted to Euro 255 mn (HY 2019: Euro 290 mn). With a 12% decline in revenues (Q2 2019: Euro 960 mn) and a 17% drop in EBITDA LFL (Q2 2019: Euro 181 million), the second quarter, which was heavily impacted by government-imposed lockdowns in Wienerberger's key markets mainly during April and May, turned out better than anticipated. Due to a recovery in Q2 that was stronger than initially expected, Wienerberger has updated its outlook for 2020. The company foresees a softening from the high levels seen in June as soon as the pent-up demand from April and May is settled. Currently Wienerberger expects for the full year 2020, that the different end markets in the various geographics could see a decline of up to -15%. "We should be able to outperform such market developments and under the assumption that there will be no further significant lockdowns in our key markets and that pricing remains robust, we now expect EBITDA LFL for 2020 to be in the range of Euro 460-480 mn", comments CEO Heimo Scheuch on the outlook.
Wienerberger: weekly performance: -4.47%

ams: ams, a leading worldwide supplier of high performance sensor solutions, has been thanked by long-term customer, United Imaging Healthcare Co., Ltd (United Imaging) for its contribution to helping hospitals in China to diagnose respiratory complications of some of the first Covid-19 (SARS-CoV-2) patients. United Imaging’s Computed Tomography (CT) Scanners were needed quickly by hospitals in China and increasingly around the world. At this time of continuing medical crisis in a number of countries, ams is delivering its industry-leading CT detector technology to United Imaging. Both companies together demonstrated their corporate social responsibility by supporting CT examination in front-line hospitals to fight the threat of Covid-19 (SARS-CoV-2) to China and the world.
AMS: weekly performance: -7.68%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (27/07/2020)


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21st Austria weekly - Wienerberger, ams (27/07/2020)


02.08.2020


Wienerberger: Brick producer Wienerberger Group has delivered solid half-year results despite the negative effects of the Covid-19 pandemic. In this difficult market environment, revenues at Group level reached Euro 1,640 mn (HY 2019: Euro 1,736 mn) and EBITDA LFL amounted to Euro 255 mn (HY 2019: Euro 290 mn). With a 12% decline in revenues (Q2 2019: Euro 960 mn) and a 17% drop in EBITDA LFL (Q2 2019: Euro 181 million), the second quarter, which was heavily impacted by government-imposed lockdowns in Wienerberger's key markets mainly during April and May, turned out better than anticipated. Due to a recovery in Q2 that was stronger than initially expected, Wienerberger has updated its outlook for 2020. The company foresees a softening from the high levels seen in June as soon as the pent-up demand from April and May is settled. Currently Wienerberger expects for the full year 2020, that the different end markets in the various geographics could see a decline of up to -15%. "We should be able to outperform such market developments and under the assumption that there will be no further significant lockdowns in our key markets and that pricing remains robust, we now expect EBITDA LFL for 2020 to be in the range of Euro 460-480 mn", comments CEO Heimo Scheuch on the outlook.
Wienerberger: weekly performance: -4.47%

ams: ams, a leading worldwide supplier of high performance sensor solutions, has been thanked by long-term customer, United Imaging Healthcare Co., Ltd (United Imaging) for its contribution to helping hospitals in China to diagnose respiratory complications of some of the first Covid-19 (SARS-CoV-2) patients. United Imaging’s Computed Tomography (CT) Scanners were needed quickly by hospitals in China and increasingly around the world. At this time of continuing medical crisis in a number of countries, ams is delivering its industry-leading CT detector technology to United Imaging. Both companies together demonstrated their corporate social responsibility by supporting CT examination in front-line hospitals to fight the threat of Covid-19 (SARS-CoV-2) to China and the world.
AMS: weekly performance: -7.68%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (27/07/2020)




 

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