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Austrian Company Earnings Reports
Read the latest headlines about financial highlights from Vienna Stock Exchange listed and non-listed corporations
Austria: Operative Losses for Verbund
Quarters 1–2/2013: Verbund improves EBITDA and Group result considerably. In total, the water supply, asset swap and impairments have a favourable impact on results.
July 31, 2013
Meager Profits for Erste Group in First Half 2013
Erste Group posts net profit of EUR 301.2 million for first half of 2013; risk costs decline
July 30, 2013
Two Interested Parties for Hypo Alpe Adria Italia
Two investors have shown their interest for the take-over of Italian affiliate of nationalized Hypo Alpe Adria. Banca Popolare di Vicenza and a British-Indian Group are claimed of being interested.
July 29, 2013
Alpine: Financial Difficulties Existed Longer Than Assumed So Far
The crisis of insolvent construction company Alpine goes back much farther than assumed so far. The company had problems in 2009 already to settle invoices.
July 27, 2013
OMV: Problems in Libya Slow Down Production
The total production of OMV in the second quarter of 2013 has decreased compared to the same period of time in the previous year and the first quarter of the current year.
July 24, 2013
Profitability: Austrian Banks Perform Worst
According to a current report published by A.T. Kearney, the Austrian banking industry suffers from a low profitability.
July 23, 2013
Slovenia: Condition of Banking Sector Still Critical
In the first five months, the Slovenian Banking has recorded a net loss of € 117m. Lending goes down substantially.
July 18, 2013
Poland: Banking Sector Faces Downward Trend
According the Poland´s National Bank NBP, the profitability of the Polish banking sector is expected to decline further.
July 17, 2013
„Austrian Banking Sector Still Weakly Capitalized“
Austrian National Bank (OeNB) criticizes that the domestic banking sector did not improve the equity base sufficiently.
July 16, 2013
Erste Group Bank AG - SWOT Analysis & Company Report
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
July 12, 2013
Wienerberger‘s Brick Division Behind Expectations
Brick manufacturer Wienerberger informed investors about a rebound of the company’s biggest division: Business in Europe is considerably behind expectations.
July 12, 2013
Austrian Airlines: Ongoing Upward Trend
Traffic Results of Austrian Airlines for June 2013: Ongoing Upward Trend in Capacity Utilization
July 11, 2013
AUA „Makes Good Progress“
Chairman of Lufthansa Christoph Franz is confident that the Austrian affiliate Austrian Airways (AUA) will be able to make the turnaround in time.
June 20, 2013
Highwater Damages for VIG Up to € 45 Million
Austria’s biggest insurer estimates with net costs double the amount than in 2002.
June 11, 2013
Czech Republic: Extraordinary Income Boosts CEZ Results
Increase in net profits by 24 % results from revenues from the certificates and integrations.
May 8, 2013
Austria: Pipelife Strengthens Wienerberger Q1 Results
Long, snowy winter leads to volume declines for Bricks & Tiles Europe. Report First Quarter 2013
May 8, 2013
Romania: BRD Shows Extensive Decrease Profits
Romania's second-largest bank BRD profit down by 84%.
May 7, 2013
AMAG: Slight Decrease in Sales in Q1 2013
Sound earnings despite strong decline in aluminium price.
May 7, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Verbund: Result Decreased Significantly by 40.3 %
Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.
May 2, 2013
Austrian Airlines: Worse Results Than Expected
Results of the first quarter of 2013: Austrian Airlines improves earnings by EUR 11 million only.
May 2, 2013
Erste Group: Significant Decrease in Net Profits in Q1 2013
Erste Group posts net profit of EUR 176.2 million in Q1 2013 (Q1 2012 net profit of EUR 346.5 million); risk costs decline.
April 29, 2013
CEO of Alpine: „Hubris Led to Losses“
Schiefer, new CEO of Alpine, explained in an interview why Alpine made losses in 2012.
April 25, 2013
Austria: Haselsteiner to Increase Share at Westbahn
Hans Peter Haselsteiner, CEO of Strabag, is going to increase his stake in Westbahn to 47 %, the railway company, which is in majority privately held and main competition for Austrian Railways (ÖBB).
April 23, 2013
KTM: Strong Growth in Q1 2013
Sales: 26,029 vehicles / +34.1%, Revenue: 163.5 mio. EUR / +20.5%, Overproportional growth in Asia (+424%), Increase of market shares in Europe (+9.4%) and US (+23.3%)
April 22, 2013
Montana Tech Components: Record Results Again in 2012
The industrial group Montana Tech Components AG could once again surpass the year 2011 and completed the financial year 2012 with new record levels in sales and earnings. This course of growth is set to continue in 2013.
April 19, 2013
Vienna Airport: Plus 0.3% in Passengers During March 2013
Decrease in flight movements of almost 7 %
April 15, 2013
RBI: Consolidated Profit Down by 25 %
Consolidated profit decreases by 25 per cent to € 725 million (2011: € 968 million).Net interest income decreases by 5.3 per cent year-over-year to € 3,472 million (2011: € 3,667 million).
April 10, 2013
Eder: Future of Voestalpine and Steel Manufacturing Industry
In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.
April 4, 2013
VIG: Drastic Downsizing Measures in Romania
Because of increasing losses 450 employees will be made redundant.
April 4, 2013
VBAG: Business Operation Down by € 131m
In 2012 single entity result negative at EUR -131 million.Net interest income decreased to € 220m. Total assets dropped by € 13.5 billion to € 27.7bn. Further losses are expected for 2013.
March 28, 2013
Immofinanz Group Reveals Less Profit
Operating profit (EBIT) reduced by € 47.9m to € 444.7m. Decline in net profit from € 269.4m to € 210.1m. Cash flow rose by 8.9% y/y to € 315.3m.
March 21, 2013
CA Immo: „Results Would Have Been Perfect“
CEO of CA Immo, Bruno Ettenauer, proclaims that without devaluations the real estate company had to make the end results for 2012 would have been “perfect”. Now, CA Immo considers withdrawing from non profit-making markets.
March 21, 2013
National Bank of Slovenia Reports Slowing Growth
The banking system’s total assets were down by € 88.5m in January or 6.6% y/y. The banks repaid liabilities to foreign banks in the amount of € 171m and to the Eurosystem in the amount of € 78m.
March 21, 2013
Conwert: Profits in 2012 Negatively Effected
Target EBT of € 50m was met. Revenues dropped by 26.7 % y/y from € 852.9m to 625.1m. Earnings before tax amounted to € 154.6m. Outlook: conwert plans to gradually expand core business in Germany and Austria.
March 21, 2013
Good Year for Austrian Banks in 2012
The consolidated financial statements after tax and minority shares increased from € 711m to € 2.97bn.
March 20, 2013
Vienna International Airport: Top Score of +127.5 % Net Profit
EBITDA at € 221.m (+17.1%), net profit after non-controlling interests of € 71.9m, dividend: slight increase to € 1.05 per share (2012: € 1.00)
March 20, 2013
CA Immo: Major Drop in Profits
On Tuesday evening, CA Immo published the annual figures for 2012. The market-listed real estate company shows profits of € 48.6m which means a decrease of 28 %.
March 20, 2013
Bank Austria To Boost Capital Base
CEO Cernko wants Eastern Europe to play an important role again in the future.
March 19, 2013
Hypo Shows Improved Results for CESEE and Austria
Hypo Group achieved a result close to break-even in 2012 with € 3.0m after tax. Total assets drop below € 34bn (2011: € 35.1bn). Net interest income drops y/y from € 753.3 m to EUR 678.4 m (almost 10 %).
March 19, 2013
Bank Austria's Profits Under Pressure
In the fourth quarter, Bank Austria has recorded a net loss of € 676m. In the whole year, CEE division showed a profit before tax of € 1.712bn which is an increase of 6 % compared to 2011. One-off charges totalled € 879m.
March 18, 2013
VBAG is Forced to Continue Radical Downsizing Measures
The partly nationalized and financially stricken Austrian banking group has to implement a painful restructuring concept. At the moment, VBAG sells its properties.
March 15, 2013
Red Bull Sells More Than 5bn Cans Worldwide
Energy drink producer Red Bull was able to increase turnovers by almost 16 %, totaling € 4.93bn.
March 15, 2013
Austrian Airlines Records Profits
Due to one-time effects, the Austrian subsidiary of Lufthansa returns to the profit zone. Austrian Airlines expects the final turnaround in 2013.
March 14, 2013
Austria: AMAG EBITA Dropped in 2012
The Amag Group achieved sales of 814.2 mEUR in the fiscal year 2012 and continues on the prior year's level of 813.1 m EUR despite the average price of aluminium falling 370 USD/t.
March 14, 2013
Austria: Post Shows Solid Revenues
In 2012, Austrian Post generated € 123.2m and was therefore able to slightly increase the turnover. € 1.80 is being declared per share, which is a raise of € 0.10.
March 14, 2013
Bawag: Solid Operating Performance in 2012
Profit after tax (without restructuring expenses) of € 153.2m slightly above last year’s level.
March 13, 2013
Number of Passengers Goes down at Austrian Airlines
The passenger number declined by 3.8%. January-February 2013: passenger load factor up 3.2 percentage points.
March 13, 2013
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