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21st Austria weekly - Frequentis, Valneva, VIG (20/03/2024)

24.03.2024

Frequentis: Oro Navigacija, the air navigation service provider (ANSP) of Lithuania, is extending its Frequentis uncrewed traffic management (UTM) solution with a digital, automated, risk assessment tool to speed up the classification of the risk posed by a drone flight in the specific category of operations and for the identification of mitigations and of the safety objectives. The digital application from skyzr, a member of the Frequentis Group, is the world’s first for automated risk analysis supporting drone operators with creating SORA according to the guidelines defined by the Joint Authorities for Rulemaking of Unmanned Systems and European Union Aviation Safety Agency (EASA), cutting operator process time by up to 75 per cent.
Frequentis: weekly performance: 1.94%

Valneva: Valneva’s total revenues were €153.7 million in 2023 compared to €361.3 million in 2022. Total revenues in 2022 included €280.0 million of revenue recognition mainly related to the COVID-19 supply agreements in the prior year. Valneva recorded an operating loss of €82.1 million in 2023 compared to an operating loss of €113.4 million in 2022. The company generated a net loss of €101.4 million compared to a net loss of €143.3 million in 2022. Valneva raises its 2024 product sales guidance to between €160 million and €180 million due to an improved outlook regarding the IXIARO supply constraints that were anticipated in February 2024. As such, 2024 total revenues are now expected to reach between €170 million and €190 million compared to €153.7 million in 2023, driven by continued sales growth of the Company’s proprietary travel vaccines and the launch-year sales of IXCHIQ.
Valneva: weekly performance: -0.23%

VIG: Vienna Insurance Group (VIG), an insurer in the Central and Eastern European region, has announced the appointment of Christoph Rath as a deputy member of the Managing Board. Rath, who currently is the Chief Financial Officer (CFO) of the Czech companies Kooperativa Pojišt’ovna and Ceská Podnikatelská Pojišt’ovna, is to take over his role at VIG’s Board effective September 1, 2024.
VIG: weekly performance: 1.07%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/03/2024)


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21st Austria weekly - Frequentis, Valneva, VIG (20/03/2024)


24.03.2024, 2212 Zeichen



Frequentis: Oro Navigacija, the air navigation service provider (ANSP) of Lithuania, is extending its Frequentis uncrewed traffic management (UTM) solution with a digital, automated, risk assessment tool to speed up the classification of the risk posed by a drone flight in the specific category of operations and for the identification of mitigations and of the safety objectives. The digital application from skyzr, a member of the Frequentis Group, is the world’s first for automated risk analysis supporting drone operators with creating SORA according to the guidelines defined by the Joint Authorities for Rulemaking of Unmanned Systems and European Union Aviation Safety Agency (EASA), cutting operator process time by up to 75 per cent.
Frequentis: weekly performance: 1.94%

Valneva: Valneva’s total revenues were €153.7 million in 2023 compared to €361.3 million in 2022. Total revenues in 2022 included €280.0 million of revenue recognition mainly related to the COVID-19 supply agreements in the prior year. Valneva recorded an operating loss of €82.1 million in 2023 compared to an operating loss of €113.4 million in 2022. The company generated a net loss of €101.4 million compared to a net loss of €143.3 million in 2022. Valneva raises its 2024 product sales guidance to between €160 million and €180 million due to an improved outlook regarding the IXIARO supply constraints that were anticipated in February 2024. As such, 2024 total revenues are now expected to reach between €170 million and €190 million compared to €153.7 million in 2023, driven by continued sales growth of the Company’s proprietary travel vaccines and the launch-year sales of IXCHIQ.
Valneva: weekly performance: -0.23%

VIG: Vienna Insurance Group (VIG), an insurer in the Central and Eastern European region, has announced the appointment of Christoph Rath as a deputy member of the Managing Board. Rath, who currently is the Chief Financial Officer (CFO) of the Czech companies Kooperativa Pojišt’ovna and Ceská Podnikatelská Pojišt’ovna, is to take over his role at VIG’s Board effective September 1, 2024.
VIG: weekly performance: 1.07%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/03/2024)



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