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21st Austria weekly - A1 Telekom Austria, Zumtobel (16/10/2024)

20.10.2024

A1 Telekom Austria: After three quarters, A1 Telekom Austria reported revenues of EUR 3.937 billion. This is 1.4 percent more than in the same period last year. EBITDA rose by 4.4 percent to EUR 1.506 billion in the first three quarters, EBIT fell by 8.4 percent to EUR 650 million, and the net result for the period fell by 11.8 percent to EUR 441 million. The decline is attributed to higher depreciation for the radio towers.  Alejandro Plater, CEO of A1 Group on the highlights of Q3 2024: “We again saw an overall good development in the third quarter. Group total revenues increased by 2.1%, service revenues rose by 3.1%. The growth was strongly driven by Eastern European markets. In Austria we are facing a very challenging environment which we tackle with a focus on market investments and efficiency measures."
Telekom Austria: weekly performance: -4.42%

Zumtobel: Lighting group Zumtobel approved the proposal of the management of ZG Europhane SAS to start the evaluation of a possible cessation of production activities at the Les Andelys plant. This process also includes the search for a potential buyer with the aim of establishing new business activities at the site. The background to this project is that the market environment for outdoor luminaires remains challenging due to the competitive situation and continuing weakness of the construction sector. As a result, the production site in Les Andelys is significantly underutilised and structurally in deficit. This measure would affect the production plant with 85 employees.
Zumtobel: weekly performance: 0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/10/2024)


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21st Austria weekly - A1 Telekom Austria, Zumtobel (16/10/2024)


20.10.2024, 1669 Zeichen



A1 Telekom Austria: After three quarters, A1 Telekom Austria reported revenues of EUR 3.937 billion. This is 1.4 percent more than in the same period last year. EBITDA rose by 4.4 percent to EUR 1.506 billion in the first three quarters, EBIT fell by 8.4 percent to EUR 650 million, and the net result for the period fell by 11.8 percent to EUR 441 million. The decline is attributed to higher depreciation for the radio towers.  Alejandro Plater, CEO of A1 Group on the highlights of Q3 2024: “We again saw an overall good development in the third quarter. Group total revenues increased by 2.1%, service revenues rose by 3.1%. The growth was strongly driven by Eastern European markets. In Austria we are facing a very challenging environment which we tackle with a focus on market investments and efficiency measures."
Telekom Austria: weekly performance: -4.42%

Zumtobel: Lighting group Zumtobel approved the proposal of the management of ZG Europhane SAS to start the evaluation of a possible cessation of production activities at the Les Andelys plant. This process also includes the search for a potential buyer with the aim of establishing new business activities at the site. The background to this project is that the market environment for outdoor luminaires remains challenging due to the competitive situation and continuing weakness of the construction sector. As a result, the production site in Les Andelys is significantly underutilised and structurally in deficit. This measure would affect the production plant with 85 employees.
Zumtobel: weekly performance: 0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/10/2024)



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