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21st Austria weekly - Pierer Mobility, AMAG (04/04/2025)

06.04.2025

Pierer Mobility: As already communicated, a significant reduction in operating performance and one-off restructuring expenses will result in a significantly negative result for the 2024 financial year. Equity is expected to be clearly negative as at December 31, 2024. Due to the negative result expected for the 2024 financial year, which will result in a loss of half the share capital, the auditor has exercised his duty to speak. Due to mandatory legal requirements, an Extraordinary General Meeting must be convened due to the loss of half the share capital. This is to take place on April 25, 2025 at the House of Brands in Munderfing.
Pierer Mobility: weekly performance: -28.96%

AMAG: AMAG Austria Metall AG has been awarded the "Win-Win Cooperation Award" as 2024 Supplier of the Year by the Commercial Aircraft Corporation of China Ltd. (COMAC) at this year’s COMAC Supplier Conference in Xi’an, China. The "Win-Win Cooperation Award" highlights AMAG's exceptional performance in delivering high-quality aluminum products and maintaining outstanding delivery reliability. AMAG's advanced sheet and plate materials are used in COMAC's C909 and C919 models, contributing to the ongoing development of commercial aviation.
Amag: weekly performance: -4.18%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/04/2025)


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21st Austria weekly - Pierer Mobility, AMAG (04/04/2025)


06.04.2025, 1347 Zeichen



Pierer Mobility: As already communicated, a significant reduction in operating performance and one-off restructuring expenses will result in a significantly negative result for the 2024 financial year. Equity is expected to be clearly negative as at December 31, 2024. Due to the negative result expected for the 2024 financial year, which will result in a loss of half the share capital, the auditor has exercised his duty to speak. Due to mandatory legal requirements, an Extraordinary General Meeting must be convened due to the loss of half the share capital. This is to take place on April 25, 2025 at the House of Brands in Munderfing.
Pierer Mobility: weekly performance: -28.96%

AMAG: AMAG Austria Metall AG has been awarded the "Win-Win Cooperation Award" as 2024 Supplier of the Year by the Commercial Aircraft Corporation of China Ltd. (COMAC) at this year’s COMAC Supplier Conference in Xi’an, China. The "Win-Win Cooperation Award" highlights AMAG's exceptional performance in delivering high-quality aluminum products and maintaining outstanding delivery reliability. AMAG's advanced sheet and plate materials are used in COMAC's C909 and C919 models, contributing to the ongoing development of commercial aviation.
Amag: weekly performance: -4.18%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/04/2025)



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