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21st Austria weekly - Agrana, A1 Telekom Austria (14/01/2021)

17.01.2021

Agrana: In the first three quarters of the 2020|21 financial year, Agrana, the fruit, starch and sugar company, generated EBIT operating profit of euro 84.3 mn (+20.8 %). Revenue increased by 4.6% to Euro 1,965.3 mn. Chief Executive Officer Johann Marihart comments: “The key drivers of the earnings growth were good results in bioethanol – especially in the third quarter – and a profitability improvement in the Sugar segment thanks to higher sugar prices and volumes. Sugar EBIT nevertheless remained negative due mainly to idle-capacity costs associated with the incomplete utilisation of sugar factories, notably in Austria. In the Fruit segment, EBIT in the fruit preparations business rose significantly in the first three quarters from the year-earlier reporting period. The performance of the fruit juice concentrate business, on the other hand, was down considerably as a result of lower available volumes from the prior year’s apple crop.” The company expects Group EBIT for the full 2020|21 financial year to at least match the prior-year level. Group revenue is projected to show slight growth.
Agrana: weekly performance: -1.25%

A1 Telekom Austria: A1 Telekom Austria Group Subsidiary A1 to acquire the majority of analytics start-up “Invenium”. ”As A1 Telekom Austria Group, we are committed to innovation as a strategic cornerstone and set a variety of priorities in the areas of research and development. Our collaboration with the Styrian start-up Invenium is a good example of the use of innovative technologies from Austria and the successful expansion of an extensive digital ecosystem together with our partners from business and science. The resulting product "A1 Mobility Insights" has already proven helpful in the Corona crisis management and can now also compete with the world's largest providers by joining the HERE Marketplace. This cooperation is thus also a successful example of the important development of a European data economy”, says Thomas Arnoldner, CEO A1 Telekom Austria Group. Michael Cik, Founder and CSO of Invenium: “The entry of the A1 Telekom Austria Group in 2017, as well as the increase in the stake, are proof that we recognized a “need” at an early stage with the analysis of movement data and over the past few years have been on the right track. The closer cooperation between the two companies gives us the opportunity to think even bigger and to carry out technological and organizational corporate developments even more effectively and efficiently even on an international level. I look forward to the intensive exchange and to the future of “A1 Mobility Insights” with full confidence."
Telekom Austria: weekly performance: -1.66

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (14/01/2021)


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21st Austria weekly - Agrana, A1 Telekom Austria (14/01/2021)


17.01.2021


Agrana: In the first three quarters of the 2020|21 financial year, Agrana, the fruit, starch and sugar company, generated EBIT operating profit of euro 84.3 mn (+20.8 %). Revenue increased by 4.6% to Euro 1,965.3 mn. Chief Executive Officer Johann Marihart comments: “The key drivers of the earnings growth were good results in bioethanol – especially in the third quarter – and a profitability improvement in the Sugar segment thanks to higher sugar prices and volumes. Sugar EBIT nevertheless remained negative due mainly to idle-capacity costs associated with the incomplete utilisation of sugar factories, notably in Austria. In the Fruit segment, EBIT in the fruit preparations business rose significantly in the first three quarters from the year-earlier reporting period. The performance of the fruit juice concentrate business, on the other hand, was down considerably as a result of lower available volumes from the prior year’s apple crop.” The company expects Group EBIT for the full 2020|21 financial year to at least match the prior-year level. Group revenue is projected to show slight growth.
Agrana: weekly performance: -1.25%

A1 Telekom Austria: A1 Telekom Austria Group Subsidiary A1 to acquire the majority of analytics start-up “Invenium”. ”As A1 Telekom Austria Group, we are committed to innovation as a strategic cornerstone and set a variety of priorities in the areas of research and development. Our collaboration with the Styrian start-up Invenium is a good example of the use of innovative technologies from Austria and the successful expansion of an extensive digital ecosystem together with our partners from business and science. The resulting product "A1 Mobility Insights" has already proven helpful in the Corona crisis management and can now also compete with the world's largest providers by joining the HERE Marketplace. This cooperation is thus also a successful example of the important development of a European data economy”, says Thomas Arnoldner, CEO A1 Telekom Austria Group. Michael Cik, Founder and CSO of Invenium: “The entry of the A1 Telekom Austria Group in 2017, as well as the increase in the stake, are proof that we recognized a “need” at an early stage with the analysis of movement data and over the past few years have been on the right track. The closer cooperation between the two companies gives us the opportunity to think even bigger and to carry out technological and organizational corporate developments even more effectively and efficiently even on an international level. I look forward to the intensive exchange and to the future of “A1 Mobility Insights” with full confidence."
Telekom Austria: weekly performance: -1.66

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (14/01/2021)




 

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