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21st Austria weekly - Montana Aerospace, Vienna Stock Exchange (04/04/2024)

08.04.2024

Montana Aerospace: Montana Aerospace AG, a manufacturer and supplier of system components and complex assemblies for the aerospace-, e-mobility- and energy industries published its full year 2023 results. Net sales grew by 9.5% to EUR 1,430.4 million, adjusted EBITDA rose by EUR 3.5 million to EUR 137.7 million (+2.6%). For 2024 Montana Aerospace expects solid net sales of ~EUR 1.7 billion and an adjusted EBITDA in the range of EUR 180-200 million.

Vienna Stock Exchange: High interest rates, the ongoing war in Ukraine and persistently high inflation: trading activity on the Vienna Stock Exchange in the first quarter of 2024 – as on comparable European markets – was characterised by the unchanged difficult conditions. Share turnover totalled EUR 14.3 billion in the first three months. "Trading volumes declined across the EU, with the exception of Italy and Germany. As an exchange company our successful business diversification enables us to compensate for subdued trading activity", explains Christoph Boschan, CEO of the Vienna Stock Exchange and adds: "Austria remains a highly interesting market with its attractive dividend yields of 6% on average and a very moderate valuation."
ATX: weekly performance: 0.87%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/04/2024)


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21st Austria weekly - Montana Aerospace, Vienna Stock Exchange (04/04/2024)


08.04.2024, 1315 Zeichen



Montana Aerospace: Montana Aerospace AG, a manufacturer and supplier of system components and complex assemblies for the aerospace-, e-mobility- and energy industries published its full year 2023 results. Net sales grew by 9.5% to EUR 1,430.4 million, adjusted EBITDA rose by EUR 3.5 million to EUR 137.7 million (+2.6%). For 2024 Montana Aerospace expects solid net sales of ~EUR 1.7 billion and an adjusted EBITDA in the range of EUR 180-200 million.

Vienna Stock Exchange: High interest rates, the ongoing war in Ukraine and persistently high inflation: trading activity on the Vienna Stock Exchange in the first quarter of 2024 – as on comparable European markets – was characterised by the unchanged difficult conditions. Share turnover totalled EUR 14.3 billion in the first three months. "Trading volumes declined across the EU, with the exception of Italy and Germany. As an exchange company our successful business diversification enables us to compensate for subdued trading activity", explains Christoph Boschan, CEO of the Vienna Stock Exchange and adds: "Austria remains a highly interesting market with its attractive dividend yields of 6% on average and a very moderate valuation."
ATX: weekly performance: 0.87%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/04/2024)



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