06.03.2022, 2853 Zeichen

Erste Group: Erste Group posted a 8.2% rise in its operating income to 7.7 bn euros in the 2021 financial year. This strong operating performance reflected higher net interest income on the back of rate hikes in Czechia and Hungary and solid loan volume growth, as well as sharply higher net fee and commission income thanks to the rebound in the region’s economies and markets. The benign risk environment during the past year allowed a steep reduction in risk costs from 1.3 bn euros in 2020 to 159 mn euros in 2021. These developments led Erste Group to post a net profit of 1.92 billion euros for the financial year 2021 (2020: 783 mn euros, 2019: 1.47 bn euros). “The latest developments regarding Russia's war with Ukraine are a shock to everyone who believes in the European idea of peace, democracy and prosperity. As things currently stand, the conflict will have incalculable consequences for the continent – politically, economically, but above all in humanitarian terms. Erste Group has no direct operating subsidiaries in Russia or Ukraine and our direct exposure to these countries is negligible. However, our geographic proximity and deep ties to the entire region bring with them a humanitarian responsibility. As a bank at the heart of Europe, we will stand by the people in the region with support and assistance,” said Bernd Spalt, CEO of Erste Group.
Erste Group: weekly performance: -22.30%

RHI Magnesita: RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, announces its results for 2021. Revenue increased by 16% to €2,551 million, with solid customer demand and sales volumes above pre-pandemic levels. At the same time, unprecedented supply chain disruptions resulted in higher freight, energy and purchased raw materials costs. To guarantee seamless deliveries to customers, the company significantly increased inventory and used air freight where necessary. Adjusted EBITA of €280 million was in line with the company’s guidance of €280 – 310 million, supported by a price increase program realized largely in Q4.  Stefan Borgas, CEO RHI Magnesita, commented on the results: “This has been a strong year of progress for RHI Magnesita in challenging conditions. Customer demand recovered much faster than was anticipated, creating an unprecedented strain on global supply chains and significant increases in costs and logistics lead times. Despite logistics difficulties and market volatility we have progressed the strategic investments which will deliver long term growth and margin improvement. We enter 2022 with restored margins and ready to build further on our sustainability and technology leadership position in the global refractory industry.”
RHI Magnesita: weekly performance: -13.61%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/02/2022)

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.

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