11.04.2021, 3594 Zeichen

Frequentis: As a leading global provider of information and communication solutions for safety-critical applications, Frequentis demonstrated its robustness during the pandemic of 2020. Thanks to increased digitisation, for example, project acceptance via video conferencing, virtual customer meetings, and webinars, it was possible to hold revenues at Euro 299.4 mn (-1.4%) despite the pandemic. The regional breakdown in 2020 was as follows: Europe accounted for 66% of revenues, North and South America for 16%, Asia for 11%, Australia/Pacific for 5%, and Africa for around 1%. Approximately 1% of revenues were not allocated to a region. In view of the travel restrictions, there was a sharp drop in business trips, resulting in a reduction in travel expenses. That was a significant factor in the considerable rise in EBIT to Euro 26.8 mn in 2020 (plus Euro 9.6 mn) despite the Covid-19 pandemic. The EBIT margin (relative to revenues) was 9.0% in 2020, compared with 5.7% in 2019. An impairment loss was recognised for all deposits at Commerzialbank Mattersburg and the Frequentis Group posted a loss for the period of Euro 3.4 mn. In view of the good operating result and solid financial position, an unchanged dividend of Euro 0.15 per share will be proposed at the Annual General Meeting in May 2021. In 2021 Frequentis aims to maintain revenues and order intake at around the 2020 level, or even increase them. In view of the need to visit customer premises (e.g. for go-lives, maintenance, system upgrades, and marketing and sales activities), travel expenses, in particular, are expected to rise again. Frequentis expects to report an EBIT margin of around 5-7% in 2021 – depending on how the pandemic develops, and on the transaction, and post-merger integration costs for the planned integration of the L3Harris units.
Frequentis: weekly performance: -1.77%

Vienna Insurance Group: Vienna Insurance Group (VIG) received a decree in which the Hungarian Ministry of the Interior announced that the intended acquisition by a foreign investor of the Aegon companies in Hungary is denied. As part of the approval process, Vienna Insurance Group has been in constructive talks with the responsible Hungarian Minister of Finance since January 2021. The decree is in contradiction with the course of the talks to date. Vienna Insurance Group expects that this issue will be resolved positively in the near future. "Our ties to Hungary have grown historically and have always been characterised by mutual appreciation. For a quarter of a century, we have been successfully investing in the Hungarian economy. Therefore, we were surprised by the announcement of the Hungarian authorities," comments CEO Elisabeth Stadler on yesterday's message of the Hungarian Ministry of Interior. "By assuming and insuring risks of daily life and through long-term investments, we are making a valuable contribution to the national economy, thus contributing to social security and securing jobs," Stadler continues.
VIG: weekly performance: 1.55%

CA Immo: Austrian real estate company CA Immo and the international independent game company Cloud Imperium Games Ltd. have signed a 10 year lease agreement for around 3,000 sqm of rental space in the ONE mixed use development in Frankfurt. With the conclusion of this lease agreement, approx. 50% of ONE is now let. CA Immo’s total investment amounts to around Euro 410 mn. Colliers International advised on the conclusion of the lease.
CA Immo: weekly performance: -0.14%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/04/2021)

Christian Drastil: Wiener Börse Plausch

Börsenradio Live-Blick, Do. 25.4.24: DAX clincht mit 18000, Deutsche Bank, Mercedes, Commerzbank, VIG, Palfinger last 5 im TPT

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Aktien auf dem Radar:Addiko Bank, Immofinanz, Marinomed Biotech, Flughafen Wien, Warimpex, EuroTeleSites AG, ATX Prime, ams-Osram, AT&S, Palfinger, RBI, Strabag, Pierer Mobility, UBM, CA Immo, Frequentis, Lenzing, SW Umwelttechnik, Oberbank AG Stamm, Wolford, Agrana, Amag, Erste Group, EVN, Kapsch TrafficCom, OMV, Österreichische Post, Telekom Austria, Uniqa, VIG, Wienerberger.

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