30.10.2022, 2611 Zeichen

Amag: Amag Group, an Austrian premium supplier of high-quality aluminium cast and flat rolled products, posted considerable growth in revenue of 46.6 % to Euro 1,353.9 million in the first three quarters of 2022, mainly reflecting the higher aluminium price level, price adjustments due to increased costs, and optimisation of the product mix. The significantly weaker EUR against the USD also exerted a revenue-enhancing effect. At 341,500 tonnes, total shipments were slightly above the previous year’s level. With production levels remaining solid, the Metal Division benefited from the attractive average aluminium price and relatively favourable alumina costs. The Casting and Rolling divisions were characterised by high productivity as well es by an optimised use of existing capacities. The successful implementation of product mix optimisations and price adjustments to reflect higher costs for primary materials and energy also exerted a positive effect. Taking into account depreciation and amortization of Euro 65.7 mn, the operating result (EBIT) also increased considerably to Euro 151.6 million in the reporting period from Euro 83.9 mn in den previous year. Net income after taxes almost doubled year-on-year to Euro 106.7 mn in the first nine months of the year.
Amag: weekly performance: 13.91%

UBM: Just over three quarters of a year after planning permission was granted, the topping-out ceremony was held today for the Timber Pioneer developed by UBM Development and Paulus Immobilien. The Timber Pioneer is Frankfurt’s first office building in timber hybrid construction and is being built in Frankfurt’s Europaviertel in the immediate vicinity of the F.A.Z. Tower, also developed by UBM and Paulus. The 8-storey Timber Pioneer offers 14,100 square metres of office space and around 1,500 square metres of retail space on the ground floor. The building is not only green but also a smart office development that offers tenants all options, from individual offices to open-space concepts.
UBM: weekly performance: 1.45%

OMV: In 2019, OMV announced the intended divestment of its 69 % interest in the Maari field to Jadestone Energy. After ongoing engagement with Jadestone Energy, a mutual decision has been made to no longer pursue the transaction, Austrian based oil, gas and chemicals group OMV announced. Furhter, OMV announced, that it has signed a Memorandum of Understanding (MoU) with Abu Dhabi National Oil Company (ADNOC) o explore new partnership in deliveries for LNG.
OMV: weekly performance: 12.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (27/10/2022)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #789: ATX verliert trotz sehr starker VIG, der Erste Bank George fehlt mir heute sehr, dazu ein S Immo Zufall

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Aktien auf dem Radar:Pierer Mobility, voestalpine, Warimpex, Addiko Bank, Immofinanz, CA Immo, Andritz, AT&S, Zumtobel, OMV, Amag, Linz Textil Holding, Wolford, Oberbank AG Stamm, DO&CO, Agrana, Erste Group, EVN, Flughafen Wien, Palfinger, Österreichische Post, S Immo, Telekom Austria, Uniqa, VIG.

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