21st Austria weekly - Warimpex, Immofinanz (30/08/2021)

05.09.2021

Warimpex: Real estate developer Warimpex Group remained on solid financial footing in the first half of 2021. The Group’s result for the period climbed into positive territory in the first half of 2021, rising from minus Euro 21.7 mn in the prior-year period to Euro 1.7 mn. Total revenues dropped by 7 per cent to Euro 12.8 mn, while the expenses directly attributable to revenues were reduced by 33 per cent to Euro 4.4 mn. This results in gross income from revenues of Euro 8.4 mn, which represents an increase of 17 per cent versus the prior-year period. In 2021, Warimpex’s activities will focus on making preparations for construction for its development projects, obtaining building permits, and continuing ongoing construction. The topic of sustainability is playing an increasingly important role here. After all, energy efficiency, the use of renewable energy sources, and the reduction of carbon dioxide emissions are key requirements for the construction and operation of buildings. Therefore, Warimpex aims to obtain further sustainability certifications for the property portfolio. In Poland, forexample, the two office buildings Mogilska 43 Office in Krakow and Ogrodowa Office in Łódź have been awarded Breeam In-Use – Excellent certification, which confirms the properties’ high environmental standards. In closing, Franz Jurkowitsch had the following comment: “Following the lifting of many of the coronavirus measures, we expect to see an upward trend in the hotel segment and continued stable development in the office segment in the second half of 2021. Based on our positive half-year results – despite hotel closures and pandemic-related restrictions – Warimpex expects to generate a profit from its operational activities for the 2021 financial year as a whole. We believe that we are in a solid position for the coming tasks, both financially and in terms of our personnel, and look forward to continuing the realisation of our projects.”
Warimpex: weekly performance: -0.39%

Immofinanz: Real estate company Immofinanz generated strong growth in the results of operations and net profit during the first half-year. Net profit amounted to Euro 228.6 mn (Q1–2 2020: Euro -120.4 mn). Results from the revaluation of standing investments equalled Euro 52.5 mn, compared with crisis-related write-downs in the previous year to reflect the adverse effects of the Covid-19 pandemic (Q1–2 2020: Euro -143.4 mn). Rental income was stable at Euro 145.0 mn (Q1–2 2020: Euro 146.2 mn), and the results of asset management rose by 3.9% to Euro 106.8 mn (Q1–2 2020: Euro 102.8 mn). Property sales totalling Euro 148.6 min were concluded during the first half-year and were related primarily to older office properties in Warsaw and Budapest.  The expansion of the portfolio through acquisitions in Bucharest and Italy during recent months will be continued. “We are very well positioned for this growth with a robust balance sheet structure, more than one billion euros of available liquidity, our investment grade rating and favourable financing costs of 1.9%. In view of the strong earnings and financial situation and successful crisis management, we will make a recommendation to the annual general meeting for the 2020 financial year to increase the dividend from Euro 0.55 per share to Euro 0.75 per share“, explained Stefan Schönauer, CFO of Immofinanz. The 28th annual general meeting is scheduled for 19 October 2021.
Immofinanz: weekly performance: 1.05%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/08/2021)


Partners









latest 21st Austria

21st Austria weekly - Warimpex, Immofinanz (30/08/2021)


05.09.2021, 3556 Zeichen



Warimpex: Real estate developer Warimpex Group remained on solid financial footing in the first half of 2021. The Group’s result for the period climbed into positive territory in the first half of 2021, rising from minus Euro 21.7 mn in the prior-year period to Euro 1.7 mn. Total revenues dropped by 7 per cent to Euro 12.8 mn, while the expenses directly attributable to revenues were reduced by 33 per cent to Euro 4.4 mn. This results in gross income from revenues of Euro 8.4 mn, which represents an increase of 17 per cent versus the prior-year period. In 2021, Warimpex’s activities will focus on making preparations for construction for its development projects, obtaining building permits, and continuing ongoing construction. The topic of sustainability is playing an increasingly important role here. After all, energy efficiency, the use of renewable energy sources, and the reduction of carbon dioxide emissions are key requirements for the construction and operation of buildings. Therefore, Warimpex aims to obtain further sustainability certifications for the property portfolio. In Poland, forexample, the two office buildings Mogilska 43 Office in Krakow and Ogrodowa Office in Łódź have been awarded Breeam In-Use – Excellent certification, which confirms the properties’ high environmental standards. In closing, Franz Jurkowitsch had the following comment: “Following the lifting of many of the coronavirus measures, we expect to see an upward trend in the hotel segment and continued stable development in the office segment in the second half of 2021. Based on our positive half-year results – despite hotel closures and pandemic-related restrictions – Warimpex expects to generate a profit from its operational activities for the 2021 financial year as a whole. We believe that we are in a solid position for the coming tasks, both financially and in terms of our personnel, and look forward to continuing the realisation of our projects.”
Warimpex: weekly performance: -0.39%

Immofinanz: Real estate company Immofinanz generated strong growth in the results of operations and net profit during the first half-year. Net profit amounted to Euro 228.6 mn (Q1–2 2020: Euro -120.4 mn). Results from the revaluation of standing investments equalled Euro 52.5 mn, compared with crisis-related write-downs in the previous year to reflect the adverse effects of the Covid-19 pandemic (Q1–2 2020: Euro -143.4 mn). Rental income was stable at Euro 145.0 mn (Q1–2 2020: Euro 146.2 mn), and the results of asset management rose by 3.9% to Euro 106.8 mn (Q1–2 2020: Euro 102.8 mn). Property sales totalling Euro 148.6 min were concluded during the first half-year and were related primarily to older office properties in Warsaw and Budapest.  The expansion of the portfolio through acquisitions in Bucharest and Italy during recent months will be continued. “We are very well positioned for this growth with a robust balance sheet structure, more than one billion euros of available liquidity, our investment grade rating and favourable financing costs of 1.9%. In view of the strong earnings and financial situation and successful crisis management, we will make a recommendation to the annual general meeting for the 2020 financial year to increase the dividend from Euro 0.55 per share to Euro 0.75 per share“, explained Stefan Schönauer, CFO of Immofinanz. The 28th annual general meeting is scheduled for 19 October 2021.
Immofinanz: weekly performance: 1.05%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/08/2021)



BSN Podcasts
Christian Drastil: Wiener Börse Plausch

Zertifikate Party Österreich 03/25: Publikumswahl ZFA Award, Preis Societe Generale, was mir an Zertis fehlt und ein Olympiasieger-Tipp




 

Bildnachweis

Aktien auf dem Radar:Porr, VIG, FACC, Pierer Mobility, Addiko Bank, Rosenbauer, Lenzing, Andritz, Mayr-Melnhof, ATX, ATX Prime, ATX TR, voestalpine, Wienerberger, DO&CO, RBI, Palfinger, SW Umwelttechnik, Flughafen Wien, BKS Bank Stamm, Oberbank AG Stamm, RHI Magnesita, Austriacard Holdings AG, Agrana, Amag, Kapsch TrafficCom, OMV, Österreichische Post, Telekom Austria, Uniqa.


Random Partner

EuroTeleSites AG
EuroTeleSites bietet mit seiner langjähriger Erfahrung im Bereich der Telekommunikation, Lösungen und Dienstleistungen zum Bau und der Servicierung von drahtlosen Telekommunikationsnetzwerken in sechs Ländern in der CEE-Region an: Österreich, Bulgarien, Kroatien, Slowenien, der Republik Nordmazedonien und der Republik Serbien. Das Portfolio des Unternehmens umfasst über 13.000 Standorte, die hochwertige Wholesale Services für eine breite Palette von Kunden bieten.

>> Besuchen Sie 60 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


h