Business - n.a.

Declining Profits for ATX Companies

Published: October 24, 2011; 11:37 · (Vindobona)

Analysts expect Vienna-listed companies to report substantial lower profits. Even losses are feared.

Declining Profits for ATX Companies / Picture: © Vindobona.org

Analysts estimate that about the half of ATX-companies will show a significant worse business development for the fourth quarter. Due to the debt-crisis and several political hotspots, global insecurities have risen dramatically over the last months. Two stocks will even record losses: Erste Group´s CEO Andreas Treichl already stated that a loss of € 800m for 2011…

This article includes a total of 280 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Declining Profits for ATX Companies

Analysts expect Vienna-listed companies to report substantial lower profits. Even losses are feared.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.