30.05.2021, 3256 Zeichen

S Immo: Austrian based real estate company S Immo ende first quarter with a net income of Euro 9.9 mn, which was a substantial improvement over the prior year (Q1 2020: minus Euro 21.4 mn). Rental income rose by around 2.8% over the prior-year period and came to Euro 32.0 mn (Q1 2020: Euro 31.1 mn). The owner-operated hotels were still impacted heavily by the COVID-19 pandemic in the first quarter of 2021. As the first quarter of 2020 was still largely unaffected by the negative consequences of the crisis, the gross profit from hotel operations decreased to minus Euro 1.3 mn in annual comparison (Q1 2020: plus Euro 1.6 mn). Bruno Ettenauer, CEO of S IMMO AG, commented: “Even though the figures for the first quarter of 2021 naturally still reflect COVID-related effects, the result again underscores S IMMO’s robust business model. We increased our rental income over the prior-year period, and the net income for the quarter of EUR 9.9m is not only solidly in positive territory, but is also substantially better than in the previous year. Furthermore, based on the value analysis of our German and Austrian properties we conducted as of 30 April 2021, we expect an increase in value of around EUR 85m. The results of this analysis underscore the quality and high value-enhancement potential of our portfolio.” The company is currently evaluating acquisition opportunities in Germany and CEE.
S Immo: weekly performance: 0.00%

Warimpex: Real estate developer Warimpex Finanz- und Beteiligungs AG improved Group’s result in first quarter from minus Euro 18.7 mn in the prior-year period to minus Euro 0.5 million in the first quarter of 2021. Revenues from the rental of office properties declined by 8 per cent to Euro 4.9 mn due to the 15% decline in the rouble exchange rate compared with the first quarter of 2020. Revenues in the Hotels segment fell by 69 per cent to Euro 0.7 mn as a result of the COVID-19 pandemic and the temporary hotel closures. Total revenues dropped by 24 per cent to Euro 6.1 mn. “The first reopening steps and the steady vaccination progress in the majority of European countries are leading to an improvement in the social and economic situation at the moment. However, combatting the COVID-19 pandemic remains a global challenge in 2021. The effects of the crisis still cannot be fully assessed at present, but experts are projecting an economic recovery and growth in nearly every sector for this year and next year – including in our markets, which naturally makes us optimistic,” said Franz Jurkowitsch, CEO of Warimpex, adding, “Warimpex remains on solid financial footing at the beginning of the 2021 financial year. The majority of our portfolio is made up of office properties with long-term leases that are contractually assured, and these properties generate cash flow on an ongoing basis. We concluded another lease for 900 square metres of space at Mogilska 43 Office in Krakow in May 2021, thus after the end of the reporting period. This brings the building’s occupancy rate to 98 per cent, which is especially pleasing in light of the challenging market conditions at the moment.”
Warimpex: weekly performance: 0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/05/2021)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #633: Heute April Verfall, Ex-Marinomed-Investor in Troubles und die Radio-Studios A, B, C und vielleicht D

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Aktien auf dem Radar:Palfinger, Amag, SBO, Flughafen Wien, AT&S, Frequentis, EVN, EuroTeleSites AG, CA Immo, Erste Group, Mayr-Melnhof, S Immo, Uniqa, Bawag, Pierer Mobility, ams-Osram, Addiko Bank, Wiener Privatbank, SW Umwelttechnik, Oberbank AG Stamm, Kapsch TrafficCom, Agrana, Immofinanz, OMV, Österreichische Post, Strabag, Telekom Austria, VIG, Wienerberger, Warimpex, American Express.

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