21.03.2021, 2042 Zeichen

Mayr-Melnhof: The Mayr-Melnhof Group was able to close the financial year 2020 with a solid volume and cash flow development despite challenging general conditions. Consolidated sales of the Group reached Euro 2,528.4 mn and were thus close to the previous year's level (2019: Euro 2,544.4 mn). A volume-related increase in sales in the packaging division was offset by a price-related decline in the cartonboard division. At Euro 231.4 mn, the operating profit was 9.4 % below the previous year (2019: Euro 255.3 mn). This includes one-off expenses of EUR 64.0 million, in particular from necessary market- and structure-related adjustments. Profit for the year amounted to Euro 162.2 mn (2019: Euro 190.2 mn). At the Annual General Meeting on April 28, 2021, a stable dividend compared to the previous year of Euro 3.20 per share will be proposed for the financial year 2020. Due to the business portfolio of the MM Group that focuses on system-relevant packaging products for consumer staples, there should, however, be a certain resilience in demand. In any case, the current development of order levels of both divisions signals continuity, the company stated in its outlook.
Mayr-Melnhof: weekly performance: -1.24%

Palfinger: Austrian lifting solutions developer Palfinger has been selected by Modec, the leading provider and operator of floating production systems for the global oil and gas industry, to supply two wire luffing lattice boom cranes to a FPSO (Floating Production Storage and Offloading) vessel being built for the Sangomar field in Senegal. The FPSO will be deployed at the Sangomar field, around 100 km south of Dakar, Senegal, with delivery scheduled in 2023. It will be capable of processing 100,000 barrels of crude oil per day, 130 million standard cubic feet of gas per day, 145,000 barrels of water injection per day and will have a minimum storage capacity of 1,300,000 barrels of crude oil. 
Palfinger: weekly performance: 1.71%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/03/2021)

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Aktien auf dem Radar:AT&S, UBM, Austriacard Holdings AG, Lenzing, Polytec Group, EVN, Uniqa, Rosenbauer, CA Immo, DO&CO, Mayr-Melnhof, Agrana, Frequentis, Marinomed Biotech, Verbund, Athos Immobilien, SW Umwelttechnik, BKS Bank Stamm, Oberbank AG Stamm, Flughafen Wien, Amag, EuroTeleSites AG, CPI Europe AG, Kapsch TrafficCom, Österreichische Post, Semperit, Telekom Austria, Fresenius Medical Care, Zalando, Bayer, Henkel.

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