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21st Austria weekly - Agrana, Strabag, Vienna Airport (11/07/2024)

14.07.2024

Agrana: In the first quarter of the 2024|25 financial year (the three months ended 31 May 2024), Agrana, the fruit, starch and sugar company, generated operating profit (EBIT) of € 32.3 million, a significant reduction of 49.1% from the first quarter of the prior year. Revenue eased slightly, by 2.3%, to € 944.3 million. “After the robust results of the full year 2023|24, as expected we had a weaker start to the 2024|25 financial year. The significant decline in profit resulted from the highly challenging market environment in the Sugar and Starch segments, where sales prices fell. Business in the Fruit segment was better, leading to a significant increase in Fruit EBIT,” says Agrana Chief Executive Officer Stephan Büttner. For the full 2024|25 financial year, Agrana expects a significant reduction in operating profit (EBIT) compared to the previous year. Group revenue is projected to show a moderate decrease.
Agrana: weekly performance: -5.04%

Strabag: As a transalpine transport link from Austria to Slovenia, the Karawanks Tunnel is one of the most important transport infrastructure projects in both countries, with 4.5 km located on Austrian territory and 3.5 km on Slovenian territory. Following a Europe-wide tender, STRABAG won the large-scale contract for the operational and safety-related tunnel equipment for a total value of € 110 million (package 1 & 2). STRABAG Infrastructure & Safety Solutions, or SISS for short, will execute this large-scale contract. “We are delighted to have won the contract for the tunnelling technology of the Karawanks Tunnel. We can contribute our expertise perfectly here so that all road users can pass through the tunnel safely in future,” STRABAG CEO Klemens Haselsteiner says.
Strabag: weekly performance: 1.17%

Vienna Airport: Passenger numbers at Vienna Airport continue to increase: In June 2024, passenger volume rose by 8.4% to 3,970,365 travellers in the Group (Vienna Airport, Malta Airport and Kosice Airport) and by 6.5% to 3,020,849 travellers at Vienna Airport compared to the prior-year month. With more than 113,000 passengers, Vienna Airport recorded the strongest travel day in its history on Friday, 28th of June 2024. The individual month of June was also the strongest June in the airport's history with more than 3.0 million travellers. In the first half of 2024 (1-6/2024), Vienna Airport reported a 7.9% rise in passenger traffic to 14,386,331 travellers, comprising 98.1% of the pre-crisis level of 2019.
VIG: weekly performance: 0.65%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/07/2024)


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21st Austria weekly - Agrana, Strabag, Vienna Airport (11/07/2024)


14.07.2024, 2604 Zeichen



Agrana: In the first quarter of the 2024|25 financial year (the three months ended 31 May 2024), Agrana, the fruit, starch and sugar company, generated operating profit (EBIT) of € 32.3 million, a significant reduction of 49.1% from the first quarter of the prior year. Revenue eased slightly, by 2.3%, to € 944.3 million. “After the robust results of the full year 2023|24, as expected we had a weaker start to the 2024|25 financial year. The significant decline in profit resulted from the highly challenging market environment in the Sugar and Starch segments, where sales prices fell. Business in the Fruit segment was better, leading to a significant increase in Fruit EBIT,” says Agrana Chief Executive Officer Stephan Büttner. For the full 2024|25 financial year, Agrana expects a significant reduction in operating profit (EBIT) compared to the previous year. Group revenue is projected to show a moderate decrease.
Agrana: weekly performance: -5.04%

Strabag: As a transalpine transport link from Austria to Slovenia, the Karawanks Tunnel is one of the most important transport infrastructure projects in both countries, with 4.5 km located on Austrian territory and 3.5 km on Slovenian territory. Following a Europe-wide tender, STRABAG won the large-scale contract for the operational and safety-related tunnel equipment for a total value of € 110 million (package 1 & 2). STRABAG Infrastructure & Safety Solutions, or SISS for short, will execute this large-scale contract. “We are delighted to have won the contract for the tunnelling technology of the Karawanks Tunnel. We can contribute our expertise perfectly here so that all road users can pass through the tunnel safely in future,” STRABAG CEO Klemens Haselsteiner says.
Strabag: weekly performance: 1.17%

Vienna Airport: Passenger numbers at Vienna Airport continue to increase: In June 2024, passenger volume rose by 8.4% to 3,970,365 travellers in the Group (Vienna Airport, Malta Airport and Kosice Airport) and by 6.5% to 3,020,849 travellers at Vienna Airport compared to the prior-year month. With more than 113,000 passengers, Vienna Airport recorded the strongest travel day in its history on Friday, 28th of June 2024. The individual month of June was also the strongest June in the airport's history with more than 3.0 million travellers. In the first half of 2024 (1-6/2024), Vienna Airport reported a 7.9% rise in passenger traffic to 14,386,331 travellers, comprising 98.1% of the pre-crisis level of 2019.
VIG: weekly performance: 0.65%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/07/2024)



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