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Vienna International Airport: Passenger Decline Minus 90.5%
Vienna's airport, which is also known as Vienna International Airport (VIA) or Flughafen Wien, continues to suffer massively from the COVID 19 pandemic. The passenger decline that has been taking place since February 2020 has continued in the new year. The airport recorded a decline to just 198,295 travelers. Only cargo volumes remained stable.
February 18, 2021
Drastic Drop of over 99% in Passengers at Vienna International Airport
The worldwide travel restrictions and flight cancellations resulting from Covid-19 have had a major impact on the development of traffic and earnings AT Vienna International Airport (Flughafen Wien Group). In April, the Group recorded a decline of 99.6% in the number of passengers and 99.5% at Vienna International Airport. Revenues for Q1/2020 fell by -9.0% to € 161.4 million.
May 20, 2020
Vienna International Airport: 98 Percent Fewer Passengers
Vienna International Airport (Flughafen Wien AG) is currently registering a decline of 98% in the number of passengers and the workforce is on short-time working. The airport is therefore cancelling the dividend for 2019 and launching a savings programme of over € 220m.
April 17, 2020
Austrian Airlines Extends Short-Time Work and Temporary Cessation of Flight Operations
Due to the global developments in connection with the Coronavirus and the continuing restrictions on travel, Austrian Airlines is extending the short-time working model for its 7,000 employees by a further month until May 19, 2020. Also, Austrian Airlines prolongs the cessation of its regular scheduled flight operations for an additional two weeks until May 17, 2020.
April 17, 2020
Coronavirus: Profit Warning Issued by Vienna International Airport - Reduced Working Time Planned
Travel restrictions and the resulting massive reduction in the number of scheduled flights at Vienna International Airport severely depress revenues and annual results for 2020.
March 12, 2020
Slump in Passenger Numbers at Vienna International Airport
While Vienna International Airport (Flughafen Wien Schwechat) recorded an increase of 8.3% in the number of passengers to 2 million in February, the coronavirus crisis led to a decline of roughly 30% in the number of passengers in March 2020, and this trend is expected to continue.
March 11, 2020
Vienna Airport - Good Results 2019, but Coronavirus is Uncertainty Factor
Vienna International Airport (Flughafen Wien) is pleased to report an increase of +7.2% in revenues and +15.7% in net profit, but the strong growth in the number of passengers during the past year has now been countered by a major uncertainty factor with the corona virus crisis.
March 3, 2020
RBI: Significant Decline in Profits in the First Half of 2019
Stock Exchange-listed RBI Raiffeisen Bank International recorded a significant 25% decline in profits in the first half of 2019. The consolidated profit generated was only €571 million, compared to €756 million in the first half of 2018.
August 8, 2019
Traffic Development at Vienna Airport on the Upswing
The passenger volume rose by 10.8%, the number of aircraft movements rose significantly and 74 airlines regularly flew to Vienna. New additions included the long-haul destinations Tokyo, Cape Town and Shenzhen, according to the annual financial statements and management report 2018 of Vienna Airport (Flughafen Wien AG).
April 11, 2019
OMV Doubles Net Profit and Achieves 2018 Most Profitable Result in Company History
Austria's largest and listed industrial company, the oil and gas group OMV, achieved its most profitable result in the company's history in 2018 with a net profit of almost two billion euros.
February 7, 2019
Agrana: Dividend Proposal of € 4.50 Per Share for the 2017|18 Financial Year
The Management Board of Agrana has decided to propose a dividend payout in the amount of EUR 4.50 per share for the 2017|18 financial year (dividend for 2016|17: EUR 4.00 per share) to the 31st Annual General Meeting to be held on 6 July 2018.
April 24, 2018
RBI Doubles Net Profit, Pays Dividends Again and Returns to Growth Course
RBI - Raiffeisen Bank International has doubled its profit in 2017 and rewards shareholders. They have not received any dividends since 2013. The bank had to pursue a sharp austerity course, reduce international business volumes, close branches in Eastern Europe and stop dividend payments. Russia remains the most important source of income.
March 15, 2018
OMV Group Reports Operating Result of EUR 688 Mln in 2017
OMV AG is reporting group results for 2017. The operating result increased by 67% to EUR 688 mn. Net income attributable to stockholders amounted to EUR 367 mn. Data includes latest two acquisitions of a 24.99% share in the Yuzhno Russkoye natural gas field located in Western Siberia (see picture) and the purchase of 40% in SMATRICS, Austria’s complete provider for all services related to electro - mobility. See OMV Group Report January – December and Q4 2017 including condensed consolidated financial statements as of December 31, 2017 and Investor Relations Video below.
February 21, 2018
Rosenbauer: Preliminary Figures 2017
Rosenbauer is reporting EBIT of EUR 25.6 million for the 2017 financial year (2016: EUR 47.0 million). In particular, the decline in the Group's earnings is due to the decreased delivery volume in 2017 as a result of the low price of oil and ongoing political conflicts. This led to weak capacity utilization in some production areas.
February 13, 2018
Erste Group Expects Q2 Net Profit of about EUR 560 Million
Erste Group expects to post net profit of approx. EUR 560 million in Q2 16, raises guidance for 2016 to ROTE >12% (up from 10-11%).
July 14, 2016
Erste Group Posts Net Profit of EUR 968.2 Million in 2015
“A net profit of nearly 1 billion euro, a strong capital base and substantially lower risk costs for 2015 show that we have done our homework,” said Andreas Treichl, CEO of Erste Group Bank AG, about the full-year 2015 preliminary results.
February 26, 2016
Unicredit Bank Austria Preliminary Results: Net Profit of About EUR 1.3 Billion for 2015
Unicredit Bank Austria has published its preliminary results for the 2015 financial year. Unicredit's Austrian subsidiary posts a net profit of about EUR 1.3 billion for 2015. Systemic charges including bank levies are up by EUR 89 million to EUR 326 million.
February 10, 2016
Voestalpine Increased Revenue by 4.1% in First Half 2015/16
In the first half of the business year 2015/16 (April 1 to September 30), the steel group Voestalpine continued its performance despite an economic environment that – viewed globally – is inconsistent. In a year-to-year comparison, it increased its revenue by 4.1% from EUR 5.6 billion to EUR 5.8 billion.
November 11, 2015
Magna Steyr Aimes for full Capacity Utilisation at Graz Plant
The car manufacturers Jaguar Land Rover are moving part of their production from England to Austria. With new orders from Jaguar Land Rover, BMW and Daimler, the medium-term vehicle production at the Magna plant in Graz is set to return to levels in excess of 200,000 per year.
September 11, 2015
Erste Group Presents Net Profit of EUR 487.2 Million in H1 15
Erste Group closed the first half of 2015 with positive results, reflected in strong improvements in profitability, asset quality, lending and capital. The group reported a net profit of EUR 487.2 million in H1 2015, compared to a negative result of EUR -929.7 million in the similar period last year; all countries except Hungary made a positive contribution to this development. Total assets increased to EUR 197.5 billion, compared to EUR 196.3 billion at the end of 2014. This balance sheet growth reflects a 2.2% advance in net lending to customers compared to the end of 2014, to EUR 123.5 billion, supported by the 1.7% growth in loans to households, 2.0% to SMEs and 5.9% to large corporates.
August 7, 2015
Voestalpine Boosts Earnings in the Business Year 2014/15
Listed steel group Voestalpine increased its revenue slightly to EUR 11.2 billion (+1.0%) despite negative price effects. At EUR 1.53 billion, the operating result (EBITDA) was markedly higher than in the previous year (+11.4%). Investments worth EUR 1.18 billion are at record level (+25.8%). The outlook for the business year 2015/16 is positiv. The aim is to continue the improvement of operating results.
June 3, 2015
Erste Bank und Sparkassen Increase Operating Earnings by 16 Percent to EUR 947 Mln
Erste Bank und Sparkassen have concluded the year 2014 with a successful result. Operating Earnings increase from EUR 817.2 million to EUR 947.2 million.
March 6, 2015
UNIQA Insurance Group AG / Significant growth in premiums and earnings in 2014
In the 2014 financial year, the UNIQA Insurance Group (UNIQA) improved its preliminary profit on ordinary activities (EBT) by 22.9% to EUR377.9 million (2013: EUR307.6 million).
March 6, 2015
Flughafen Wien AG on the 2014 Financial Year: Significant Earnings Improvement despite Strong Crisis-Related Headwinds
In spite of strong headwinds related to numerous crises and strikes, Flughafen Wien AG achieved a considerable increase in earnings. In addition to a slight rise in revenue and EBITDA, the net profit for the period (after non-controlling interests)could be significantly improved in the 2014 financial year.
March 2, 2015
Strabag SE expects Ebit of at least EUR 300 million for 2015
The publicly listed European technology group for construction services STRABAG SE today announced its first figures for the 2014 financial year and issued an outlook for 2015.
February 16, 2015
Voestalpine Reports Increase in Earnings in 9 Months
Although the development of the global economy was very inconsistent in 2014 and, after a relatively optimistic start, was marked by an increasingly sober mood from the summer months onward, the steel-based technology and capital goods group Voestalpine reported a significant increase in earnings in the first three quarters of the business year 2014/15 (April 1 to December 31, 2014).
February 10, 2015
RBI Revises Expected Provisioning Requirement
Vienna based Raiffeisen Bank International AG (RBI) has revised its outlook for the net provisioning requirement for the current financial year to between EUR 1,500 and EUR 1,700 million, primarily due to higher expected risk costs in Ukraine in light of ongoing political tensions in the region.
September 23, 2014
Andritz: Slight Sales Increase in H1 2014 Attributable to Schuler Group
Technology Group Andritz showed slight sales increase in the first half of 2014 in a still challenging overall economic environment. Sales increased by +1.9%. The order intake amounted to +18.0%. EBITA amounted to +37.7% and the EBITA margin was 5.0%.
August 7, 2014
Bank Austria Posts Net Profit of EUR 776 Mln in H1 2014
Net profit rises by 34.3 per cent to EUR 776 million compared with the same period of the previous year.
August 6, 2014
Immofinanz: Net Profit for 2013/14 at EUR 180 Mln, Property Sales Top EUR 1 Bln
Immofinanz Group announces net profit totalling EUR 180.4 million for 2013/14, for a year-on-year increase of 62.8%. Rental income was lower as a result of the extensive, planned property sales. The delayed completion of the GOODZONE shopping center in Moscow prevented the full recovery of this decline during the past year. Rental income amounted to EUR 506.7 million (-7.2%) and results of operations totalled EUR 319.2 million (-19.5%). In like-for-like comparison (i.e. after an adjustment for new acquisitions, completions and sales), rental income was generally stable (-1.3% to EUR 472.7 million). Property sales set a new record at roughly EUR 1 billion.
August 4, 2014
Volksbank Romania Sells EUR 495 Million NPL Real Estate Portfolio
Volksbank Romania has reduced its non-performing loans portfolio (NPLs) through the sale of a NPL real estate portfolio with an aggregate volume of € 495 million. The Bank has sold the large-volume real estate financing commitments to an international investors consortium composed of Deutsche Bank, AnaCap Financial Partners LLP, H.I.G Capital International Advisers and APS Holding SE. With this transaction, Volksbank Romania has reduced its NPL portfolio to a NPL ratio of below 8%, below the average in Romania's banking system.
July 28, 2014
Sevelda: “Russia Still Crucial Market”
In the light of the close ties with regard to economic and energy relations with Russia Karl Sevelda, CEO of Raiffeisen Bank International (RBI) warns about the tightening of penalties against Russia.
May 23, 2014
Austrian Oberbank Shines in Hungary
Austrian Oberbank bucks the trend of terminating business activity in Hungary. Instead, the financial institute plans on growing in one of the most difficult markets in Europe.
May 22, 2014
voestalpine to Invest Further in China
Listed Austrian steel producer voestalpine opened another business location in China.
May 14, 2014
Conwert Slips into the Reds
Austrian residential real estate enterprise is facing a hard time in Germany.
May 14, 2014
Romania: Raiffeisen Bank Issues Unsecured Bonds
Raiffeisen announced plans of issuing unsecured bonds at the stock exchange in Bucharest with a nominal value of RON 500m (€ 112.8m) with a maturity of five years.
May 9, 2014
Telekom Austria: Considerable Losses in Croatia
Telekom Austria’s Croatian affiliate Vipnet saw a sharp decline in profits.
May 9, 2014
German Retailer Metro Faces Massive Losses in CEE
Sales in CEE declined 14.8 percent last year for German retail and wholesale enterprise Metro Group.
May 9, 2014
Bulgarian Mobile Affiliate of Telekom Austria Posts Loss in Profits
In the first quarter of 2014 revenues of Mobiltel, Bulgarian mobile operator and affiliate of Telekom Austria, dropped 6.4 percent year-on-year.
May 9, 2014
Poland: Banking Industry’s Profits Down
In the first quarter this year, the net profit of Polish banks came at PLN 3.97bn (€ 944m, down by 2.9 percent year-on-year, as reported by the Polish financial market regulator KNF.
May 9, 2014
Bulgaria: Banking Sector Getting Back on Feet Again
In the first quarter this year profits of the Bulgarian banking sector grew by 34 percent.
May 2, 2014
Bank Austria: “Russia is Still Profitable”
According to Vice CEO of Bank Austria and head of business operations in CEE Gianni Franco Papa, business in Russia is not yet affected by the political crisis in Crimea.
May 2, 2014
Austria: Hypo Reveals Profit Losses
The Austrian branch of Hypo Bank, which was privatized last December and is going to be renamed to Austrian Anadi Bank, has published the annual financial report for the year 2013.
April 30, 2014
Poland: Bank BZ WBK Expects High Growth of Profit
The Polish affiliate of Spanish Banco Santander, Bank BZ WBK, expects net profits in 2014 to increase compared to last year’s volume.
April 30, 2014
Erste Group: Dramatic Profit Decline Stayed Away
Net profits amounted to EUR 103.3 million. Erste Group aims to keep profits stable in the near future.
April 30, 2014
Polish Banking Sector: “Too Early for Recovery”
The Polish banking sector has to be patient for economic recovery to show on their results.
April 29, 2014
Austrian Banking Sector Making Losses
For the first time in 2013, the Austrian banks made losses in the amount of € 1.035bn.
April 29, 2014
Raiffeisen Bank International AG - SWOT Analysis & Company Report May 2014
This new report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains an overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.
April 25, 2014
Austria: Difficult Market Situation for Selling Bawag
The selling of Bawag PSK proves difficult for its owner which is why an IPO is considered a realistic phasing-out scenario. However, experts doubt that an IPO will be a “highflyer”.
April 24, 2014
Poland: BNP Paribas Bank Polska Hopes for Higher Profits
Because of the merger with BGZ Bank BNP Paribas Bank Polska, the Polish branch of the French financial giant, expects a growth of return on equity (ROE) in the double-digit figures.
April 24, 2014
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