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Declining Profits for ATX Companies
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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…
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