21st Austria weekly - Andritz, S Immo, Vienna Stock Exchange (03/03/2021)

Andritz: International technology group Andritz saw solid business development in the 2020. At Euro 6.7 bn euros, revenue reached a new all-time high. In combination with cost discipline, this favorable development in revenue led to an increase in the Operating result (EBITA) to Euro 391.7 mn (2019: 343.2 mn). The Net income (including non-controlling interests) increased significantly to Euro 203.7 mn (2019: 122.8 mn). The Executive Board will propose a dividend of 1.00 Euro per share (0.5 Euro for 2019).  Wolfgang Leitner, President & CEO of Andritz, on the past business year: "We are very satisfied with business development in 2020. Due to the enormous flexibility and huge commitment of our employees worldwide, we succeeded in managing the economic challenges of this crisis for ourselves and for our customers well. We do not expect any major change in the overall economic conditions during most of the current year, and only expect a slight recovery in the markets we serve. So, we will continue our measures to ensure our long-term competitiveness, but also at the same time focus on investments to secure organic and external growth and on innovations. From today's perspective, the group expects for the full year of 2021 slightly lower revenue compared to the previous year (2020: 6,699.6 mn) due to the lower order intake in 2020 and an increase in the reported EBITA (2020: 391.7 mn).
Andritz: weekly performance: -2.82%

S Immo: The Supervisory Board of Austrian real estate company S Immo has designated the successor of Ernst Vejdovszky, founding father of the company, whose board term will expire on 30 June 2021, and has newly appointed the Management Team.  Bruno Ettenauer will take over as CEO from 15 March 2021 with a term of three years. Herwig Teufelsdorfer will be appointed as CIO (Chief Investment Officer) and will start his three-year-term in April. The contract of Friedrich Wachernig as COO (Chief Operating Officer) has been prolonged for further three years until 30 June 2024.
S Immo: weekly performance: -0.23%

Vienna Stock Exchange: The Index Committee today reviewed the composition of the Austrian indices and announces two changes. On 22 March 2021, EVN will move into the Austrian Traded Index ATX replacing Telekom Austria. The Austrian energy company shows a stronger stock market turnover and a larger free float capitalization. The Austrian national index tracks the 20 most actively traded and largest listed stocks. 
ATX TR: weekly performance: 2.36%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/03/2021)

Bildnachweis

1. Andritz, Anlage, Photo: Andritz

Aktien auf dem Radar:Verbund, Telekom Austria, Rosenbauer, FACC, SBO, Addiko Bank, voestalpine, Palfinger, ATX Prime, Immofinanz, AT&S, Andritz, Frequentis, Rosgix, DO&CO, Lenzing, Porr, Wolford, Zumtobel, Semperit, Athos Immobilien, SW Umwelttechnik, Pierer Mobility AG, Linz Textil Holding, Oberbank AG Stamm, Bawag, CA Immo, Erste Group, Kapsch TrafficCom, RBI, S Immo.

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