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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Profit Collapse at Frauenthal
Revenues came at € 135.4m, which is 2% less than in the first quarter of 2011. EBIT halved to € 1.8m.
May 21, 2012
Keba Improves Results
The Austrian producer of electronic goods recorded a substantial rise in revenues. Earnings could be enhanced too.
May 19, 2012
AMAG: Dividend of € 1.50 per Share Resolved
The Austrian aluminum producer enhances its dividend payout significantly. A bonus of € 0.75 was granted. The pay-out ratio reaches 60%.
May 19, 2012
Declining Sales at Ottakringer
The Austrian beer and mineral water producer faces a shrinking market in the first quarter of 2012. Sales fell by 8.9%.
May 16, 2012
Red Bull Still Waits for China
The Austrian energy drink producer aims to enter the Chinese market but still waits for the approval by Chinese authorities.
May 16, 2012
Lower Profits at Rosenbauer
The Austrian manufacturer of fire brigade equipment announced its1st quarter results. Revenues were up by 8% at € 115.6m (Q1/2011: € 107.3m). EBIT still down year-on-year, at € 3.7m (Q1/2011: € 6.9m).
May 16, 2012
Mayr-Melnhof Posts Profit Decrease
Sales were held up on previous year’s level. The operating profit was below last year’s value due to a sharp increase in input prices. Net income fell by 20%.
May 15, 2012
Decent Growth at Semperit
The Austrian manufacturer of synthetic products could record a rise in revenues by 4.2%. EBIT was down by 8.3%, net profit declined by 3.3%.
May 15, 2012
RHI: Profit Soared by 75%
The Austrian manufacturer of refractory products records a moderate increase in revenues. Earnings and profits were up remarkably. RHI predicts to achieve stable results in the second quarter.
May 15, 2012
Record Results at Agrana
The Austrian sugar and starch company could raise revenues and earnings significantly. The dividend increases to € 3.60 per share. A moderate increase in revenue is expected.
May 15, 2012
Voestalpine: Lower Net Income Expected
As the steel price is expected to rise, voestalpine´s steel division has favorable prospects. The profit level of 2010/11 will not be reached.
May 14, 2012
Austrian Demand for New Buildings Declines
Due to the weaker economic growth and the austerity policies, demand for new buildings is decreasing.
May 12, 2012
Schlumberger Wants to Raise Exports
The Austrian producer of sparkling wine wants to reach an export quota of 50%.
May 12, 2012
Manner: Decent Growth Rates
The Vienna-listed food producer recorded a rise in revenues of 3.7% in the first three months of 2012.
May 12, 2012
Major Orders for Sandvik Austria
The Austrian subsidiary of the Swedish plant construction group achieved two major orders in Brazil and Laos.
May 11, 2012
ATB Records Mixed Results
In spite of stagnating revenues the Austrian subsidiary of Wolong Group recorded an increase of 50% in operating results. Net income was down, though.
May 11, 2012
Decreasing Production at Magna Austria
The Canadian automotive component supplier records rising revenues and profits. The Austrian subsidiary registers a cut of 10% in production.
May 11, 2012
Austrian Chemical Industry Grows
In 2011, the domestic chemical industry registered a 10.5% growth in revenues. Exports were up by 8.5%.
May 11, 2012
Voestalpine Establishes Group for Centralized Purchase of Natural Gas
The voestalpine Group has established Austria’s first industrial gas balance group for the centralized purchasing of natural gas.
May 11, 2012
Borealis: Slowdown in Net Profits
The Austrian chemical company Borealis recorded a net profit of € 140m in Q1 2012, compared to € 174m in Q1 2011. Net sales were up from € 1.86bn to € 1.88bn.
May 11, 2012
BWT Reports Higher Revenues and Earnings
Revenues of the Austrian water technology company reached € 119.1m (+3.0%). EBIT accounted for € 6.7m (+7.6%). BWT´s net result totaled € 4.3m (+19.6%).
May 11, 2012
Stagnating Revenues at Binder+Co
Sales revenues and EBIT at the processing, environmental and packaging technology company remained at the level of the preceding year. Order backlog rose by 24.1%.
May 10, 2012
Strong Growth at Palfinger
Revenue and EBIT increased by another 17 per cent. The Austrian crane manufacturer expects a moderate growth trend in 2012.
May 10, 2012
Declining Revenues and Net Income at Lenzing
The performance of the Austrian Lenzing Group in the first quarter of 2012 was in line with expectations. EBIT decreased to € 67.2m after € 90.7m in the first quarter of 2011.
May 10, 2012
Polytec: Sharp Cut in Earnings
Today, the Austrian automotive component supplier published its results for the first quarter 2012. Due to the sale of the interior business, sales and earnings were down considerably.
May 9, 2012
Wienerberger Records Higher Losses
Group revenues declined by 3% to € 382.4m (2011: € 395.1m). Operating EBITDA reached € 2.1m (2011: € 11.8m). Net losses reach € 50.1m.
May 9, 2012
Croatian Subsidiary of Alpine Said to be Insolvent
Osijek Koteks, the Croatian subsidiary of the Austrian construction group faces severe problems. According to rumors, Osijek Kotekts is illiquid.
May 8, 2012
Lenzing´s Earnings May Fall Considerably
Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect the Austrian fiber producer to record a substantial cut in operating profits.
May 8, 2012
Palfinger: Strong Rise in Earnings Ahead
Analysts expect the Austrian crane manufacturer to achieve a 8.0% growth in revenues. EBIT is forecasted increase by 18.5%.
May 8, 2012
Again Losses at Wienerberger
Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect the Austrian brick manufacturer to widen losses.
May 8, 2012
AMAG Issues € 70m Bonded Loan
One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.
May 7, 2012
Declining Results at Polytec Expected
Due to the sale of the interior business, he Austrian automotive supplier´s revenue is anticipated to decrease by 40.4%.
May 7, 2012
Alpine Launches New Corporate Strategy
The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.
May 7, 2012
Voestalpine Erects New Wire Production Facility
The Austrian steel producer enlarges its production capacities for ultra-high tensile fine wires.
May 7, 2012
RHI to Acquire Orient Refractories?
The Austrian refractory manufacturer is said to take over the Delhi bases Orient Refractories. The target company denies the rumor.
May 7, 2012
Haselsteiner to Leave Strabag Earlier
Hans-Peter Haselsteiner is mandated as CEO of Austria´s largest construction company until 2015. Nevertheless, he will leave the management board earlier.
May 4, 2012
Decreasing Profit at AMAG
The Austrian aluminum producer published its results of the first quarter of 2012. Sales were down by 3.0% to € 207.7m, EBIT fell by 9.0% to € 22.4m.
May 4, 2012
Andritz Continues Strong Performance
The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.
May 4, 2012
Agrana Starts € 65m Investment
The Austrian sugar and starch company is laying the foundation stone for a wheat starch plant in Lower Austria.
May 3, 2012
Miba Continues Strong Growth
The Austrian automotive component supplier records a significant rise in revenues. Extensive investments in USA and China are planned.
May 3, 2012
Strabag Issues € 100m Corporate Bond
Proceeds will be used for general business purposes and the further improvement of the financing structure of the Austrian construction company.
May 3, 2012
Bajaj Holds 47.2% in KTM
At the end of April, the Indian motor vehicle producer enlarged its stake in the Austrian company from 41% to 47.2%.
May 2, 2012
Major Order at TGW by U.S. Gap Inc.
The U.S. specialty apparel retailer Gap Inc selects the Austrian TGW Systems to manage their residual carton handling operation.
May 2, 2012
Austrian Industrial Sector Expands
Positive production trends in industry and construction in January 2012: turnover was up by 11.1%. Construction output grew by 17.9%.
May 2, 2012
Porr Urgently Needs New Capital
The Austrian construction company wants to strengthen its equity base, which shrank to 15%. In 2010, the quota stood at 22%.
May 1, 2012
Cross Industries Still in the Red
Due to interest expenses, the Austrian industrial holding company recorded losses of € 4.5m after € 4.8m in 2010.
April 30, 2012
Drastic Losses at Porr
The third-largest Austrian construction company had to write off projects in Hungary and Romania. Net losses totaled € 72m.
April 30, 2012
Lower Net Income at Alpine
The Austrian construction company achieved profits of € 10m last year after € 17m in 2010. Revenues went up moderately.
April 30, 2012
New Record In Airline Industry
The Austrian air passenger transport reached an all-time high in 2011.
April 30, 2012
HTI Records Mixed Results
The Austrian High Tech Industries AG could raise revenues by 7.2% to € 207m. Net results stood at € -2.2m.
April 30, 2012
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