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21st Austria weekly - EVN, Strabag, Frequentis (15/12/2022)

18.12.2022

EVN: Revenue recorded by utility company EVN Group rose by 69.6% year-on year to Euro 4,062.2m in 2021/22. This sound development was supported by a number of individual effects: In South East Europe, the dramatic increase in electricity prices supported substantial growth in the energy distribution business. Other important impulses were provided by price effects in renewable electricity generation, price adjustments by EVN Wärme, higher revenue from natural gas trading, the positive valuation of hedges, the increased use of the Theiss power plant by the Austrian network transmission operator for network stabilisation, and the progress on contracts in the international project business. Based on these developments, EBITDA recorded by the EVN Group declined by 9.8% year-on-year to Euro 754.8m in 2021/22. In the second quarter of 2021/22, the global distortions led to a change in the Group’s risk and earnings expectations for future projects and to the recognition of an impairment loss to goodwill in the international project business and to the residual carrying amount of the two sludge-fired combined heat and power plants in Moscow. These developments led to a 14.2% decline in EBIT to Euro 331.6m.
EVN: weekly performance: -5.58%

Strabag: Strabag PFS, a subsidiary of construction group Strabag SE, has acquired German company Adomus Facility-Management. The purchase price was not disclosed.
Strabag: weekly performance: -2.84%

Frequentis: Frequentis is equipping 12 air traffic controller workstations in the tower at Vienna Airport with the latest Frequentis technology, enabling location-independent data centre operation. The delivery of the new voice communication system for the Vienna Airport tower is the continuation of a joint implementation path. Austro Control had previously commissioned Frequentis to renew its Area Control Centre voice communication systems in a Virtual Centre environment, including two data centres. The latest implementation for the Schwechat Tower, one of Europe’s busiest airports, is now following suit.
Frequentis: weekly performance: 1.08%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/12/2022)


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21st Austria weekly - EVN, Strabag, Frequentis (15/12/2022)


18.12.2022, 2181 Zeichen



EVN: Revenue recorded by utility company EVN Group rose by 69.6% year-on year to Euro 4,062.2m in 2021/22. This sound development was supported by a number of individual effects: In South East Europe, the dramatic increase in electricity prices supported substantial growth in the energy distribution business. Other important impulses were provided by price effects in renewable electricity generation, price adjustments by EVN Wärme, higher revenue from natural gas trading, the positive valuation of hedges, the increased use of the Theiss power plant by the Austrian network transmission operator for network stabilisation, and the progress on contracts in the international project business. Based on these developments, EBITDA recorded by the EVN Group declined by 9.8% year-on-year to Euro 754.8m in 2021/22. In the second quarter of 2021/22, the global distortions led to a change in the Group’s risk and earnings expectations for future projects and to the recognition of an impairment loss to goodwill in the international project business and to the residual carrying amount of the two sludge-fired combined heat and power plants in Moscow. These developments led to a 14.2% decline in EBIT to Euro 331.6m.
EVN: weekly performance: -5.58%

Strabag: Strabag PFS, a subsidiary of construction group Strabag SE, has acquired German company Adomus Facility-Management. The purchase price was not disclosed.
Strabag: weekly performance: -2.84%

Frequentis: Frequentis is equipping 12 air traffic controller workstations in the tower at Vienna Airport with the latest Frequentis technology, enabling location-independent data centre operation. The delivery of the new voice communication system for the Vienna Airport tower is the continuation of a joint implementation path. Austro Control had previously commissioned Frequentis to renew its Area Control Centre voice communication systems in a Virtual Centre environment, including two data centres. The latest implementation for the Schwechat Tower, one of Europe’s busiest airports, is now following suit.
Frequentis: weekly performance: 1.08%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/12/2022)



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