Ich stimme der Verwendung von Cookies zu. Auch wenn ich diese Website weiter nutze, gilt dies als Zustimmung.

Bitte lesen und akzeptieren Sie die Datenschutzinformation und Cookie-Informationen, damit Sie unser Angebot weiter nutzen können. Natürlich können Sie diese Einwilligung jederzeit widerrufen.






21st Austria weekly - AT&S, CA Immo, FACC (24/03/2021)

28.03.2021

AT&S: The strong demand for ABF substrates, which are produced at the location in Chongqing, China, continues unabated. As demand is also expected to be strong in the future, AT&S made the decision to fully expand the area available in Chongqing for the production of ABF substrates. An additional investment volume of approximately Euro 200 mn has been budgeted for this purpose in the next four years. By 2025, AT&S aims to be among the three largest ABF substrate suppliers worldwide and to achieve its goal to become an interconnect solution provider in line with the "More than AT&S" strategy. With this additional capacity, the Management Board is adjusting the medium-term guidance and now expects to exceed the two-billion-euro mark in 2023/24 already (previously 2024/25), and an EBITDA margin of 25 to 30%.

FACC: Aerospace supplier FACC generated revenues of Euro 526.9 mn, which correspond to a decline of Euro 126.2 mn compared to the previous year (short financial year). This significant decline is mainly attributable to negative adjustments to production rates of all aircraft programs of relevance to FACC. While revenues were impacted by reduced customer demand, particularly in July and August, signs of positive momentum became apparent from September onwards. Reported earnings before interest and taxes (EBIT) amounted to Euro -74.4 mn in the 2020 financial year (short financial year 2019: Euro 22.1 mn), of which Euro 47.6 mn is attributable to one-off special effects due to impairment losses, changes in estimates as well as costs incurred for personnel reductions in connection with the COVID-19 crisis. Despite the sharp drop in revenues, free cash flow was nearly balanced at Euro -2.4 million, which was brought about by a stringent and rapidly implemented cost-cutting program as well as far-reaching optimization measures. At present, FACC expects a balanced EBIT for the current year. Revenues are projected to be at a level similar to that of 2020 at approximately Euro 500 mn. This is dependent on the stabilization of the global economy without further setbacks or global lockdowns caused by the crisis, as well as the consistent implementation of the efficiency measures initiated in 2020. 

CA Immo: Earnings before interest and taxes (EBIT) of Austrian based real estate company CA Immo totalled Euro 375.4 mn and were thus 40.8% below the corresponding figure for the previous year (€ 633.7 m), in particular due to the lower revaluation result. At Euro 253.9 mn, net profit for the period was 35.4 % below the previous year's figure of Euro 393.3 mn. For the 2020 financial year, the Executive Board proposes a dividend of Euro 1.00 per dividend-bearing share (dividend amount unchanged from the previous year).

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/03/2021)


Partners









latest 21st Austria

21st Austria weekly - AT&S, CA Immo, FACC (24/03/2021)


28.03.2021


AT&S: The strong demand for ABF substrates, which are produced at the location in Chongqing, China, continues unabated. As demand is also expected to be strong in the future, AT&S made the decision to fully expand the area available in Chongqing for the production of ABF substrates. An additional investment volume of approximately Euro 200 mn has been budgeted for this purpose in the next four years. By 2025, AT&S aims to be among the three largest ABF substrate suppliers worldwide and to achieve its goal to become an interconnect solution provider in line with the "More than AT&S" strategy. With this additional capacity, the Management Board is adjusting the medium-term guidance and now expects to exceed the two-billion-euro mark in 2023/24 already (previously 2024/25), and an EBITDA margin of 25 to 30%.

FACC: Aerospace supplier FACC generated revenues of Euro 526.9 mn, which correspond to a decline of Euro 126.2 mn compared to the previous year (short financial year). This significant decline is mainly attributable to negative adjustments to production rates of all aircraft programs of relevance to FACC. While revenues were impacted by reduced customer demand, particularly in July and August, signs of positive momentum became apparent from September onwards. Reported earnings before interest and taxes (EBIT) amounted to Euro -74.4 mn in the 2020 financial year (short financial year 2019: Euro 22.1 mn), of which Euro 47.6 mn is attributable to one-off special effects due to impairment losses, changes in estimates as well as costs incurred for personnel reductions in connection with the COVID-19 crisis. Despite the sharp drop in revenues, free cash flow was nearly balanced at Euro -2.4 million, which was brought about by a stringent and rapidly implemented cost-cutting program as well as far-reaching optimization measures. At present, FACC expects a balanced EBIT for the current year. Revenues are projected to be at a level similar to that of 2020 at approximately Euro 500 mn. This is dependent on the stabilization of the global economy without further setbacks or global lockdowns caused by the crisis, as well as the consistent implementation of the efficiency measures initiated in 2020. 

CA Immo: Earnings before interest and taxes (EBIT) of Austrian based real estate company CA Immo totalled Euro 375.4 mn and were thus 40.8% below the corresponding figure for the previous year (€ 633.7 m), in particular due to the lower revaluation result. At Euro 253.9 mn, net profit for the period was 35.4 % below the previous year's figure of Euro 393.3 mn. For the 2020 financial year, the Executive Board proposes a dividend of Euro 1.00 per dividend-bearing share (dividend amount unchanged from the previous year).

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/03/2021)




 

Bildnachweis

Aktien auf dem Radar:Verbund, Rosenbauer, Andritz, Addiko Bank, FACC, UBM, Frequentis, Athos Immobilien, SW Umwelttechnik, BKS Bank Stamm, Porr, Amag, SBO, OMV, AMS, AT&S, Bawag, Erste Group, Flughafen Wien, Palfinger, Semperit, Zumtobel, Linz Textil Holding, Oberbank AG Stamm, Warimpex, CA Immo, EVN, Österreichische Post, S Immo, Wienerberger.


Random Partner

Kapsch TrafficCom
Kapsch TrafficCom ist ein Anbieter von Intelligenten Verkehrssystemen in den Bereichen Mauteinhebung, Verkehrsmanagement, Smart Urban Mobility, Verkehrssicherheit sowie vernetzte Fahrzeuge und deckt mit durchgängigen Lösungen die gesamte Wertschöpfungskette der Kunden aus einer Hand ab. Die Mobilitätslösungen von Kapsch TrafficCom helfen dabei, den Straßenverkehr in Städten und auf Autobahnen sicherer und effizienter zu machen.

>> Besuchen Sie 62 weitere Partner auf boerse-social.com/partner


Useletter

Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

Newsletter abonnieren

Runplugged

Infos über neue Financial Literacy Audio Files für die Runplugged App
(kostenfrei downloaden über http://runplugged.com/spreadit)

per Newsletter erhalten