01.11.2020, 3311 Zeichen

Austrian rents: In 2019, the average monthly rent (including running costs) was Euro 8.0 per square metre. The rent for old contracted dwellings from 30 years ago averaged Euro 5.5 per square metre. For newly contracted private dwellings (contract duration of less than two years) the average rent including running costs was Euro 10.5, Statistics Austria announced.

S&T: Austrian based IT company S&T resolved a new buyback program for own shares ("Buyback Programme II 2020"). The volume amounts to up to 1,000,000 shares and the Buyback Programme II 2020 is planned to commence on Friday, 30 October 2020 (terms outlined below).
S&T: weekly performance: -10.56%

Andritz: International technology Group Andritz is announcing adhoc the preliminary key figures for the third quarter of 2020 which are significantly higher than the market expectations (consensus estimates). Mainly due to strong sales generation in the Pulp & Paper business area, sales of the Andritz group amounted to around 1,670 Mio. Euro in the third quarter of 2020 and were thus only slightly below the high level of the previous year’s reference period (Q3 2019: 1,690 Mio. Euro). Strict cost discipline and continuation of the efficiency measures implemented due to the Corona crisis to maintain liquidity and the ability to compete, together with the higher sales, have led to an increase in the operating result (EBITA) to around 104 Mio. Euro. This result includes provisions of around 26 Mio. Euro for capacity adjustments in the Metals Forming and Hydro business areas. Excluding these extraordinary effects, the EBITA of the Group in the reporting period amounted to around 130 Mio. Euro and is thus significantly higher than the figure for the previous year’s reference period (EBITA of the Group in Q3 2019 excluding extraordinary effects: 101.7 Mio. Euro). Profitability reached a very favorable level of 7.8% (EBITA margin in Q3 2019 excluding extraordinary effects: 6.0%). The net income (without non-controlling interests) amounted to around 50 mn Euro in the third quarter of 2020 (Q3 2019: -35 mn Euro). At slightly more than 1,700 mn, order intake was around 19% lower than the very high level of the previous year’s reference period (Q3 2019: 2,094 mn), which included a large-scale order in the Pulp & Paper business area. In particular, the Hydro business area was able to increase its order intake significantly compared to last year’s reference quarter by securing some larger orders. In view of the favorable earnings development in the first three quarters and on the basis of the current order backlog, Andritz now expects for the full year 2020 approximately the same level of profitability (EBITA margin) excluding extraordinary effects (provisions for capacity adjustments) as last year (EBITA margin 2019 excluding extraordinary effects: 6.8%). Profitability including extraordinary effects (EBITA margin reported for 2020) is expected to remain stable or increase slightly from today’s perspective compared to the previous year (EBITA margin reported for 2019: 5.1%). From today’s perspective, Andritz expects slightly lower sales for the 2020 business year compared to 2019 (6,674 mn Euro).
Andritz: weekly performance: -3.08%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/10/2020)

Christian Drastil: Wiener Börse Plausch

Silvesterparty Wiener Börse feat. Wolfgang Matejka & Gunter Deuber: Wer den Wiener Markt 2025 wachgeküsst hat (und sehr viel mehr)

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Aktien auf dem Radar:UBM, Agrana, Zumtobel, Addiko Bank, Austriacard Holdings AG, Palfinger, ATX, ATX Prime, ATX TR, ATX NTR, Bawag, Mayr-Melnhof, RBI, Wienerberger, Lenzing, Rosenbauer, Warimpex, CA Immo, FACC, Wolford, BKS Bank Stamm, Oberbank AG Stamm, VIG, Amag, AT&S, CPI Europe AG, Österreichische Post, voestalpine, Infineon, Merck KGaA, Fresenius Medical Care.

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