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Earnings
Intercell AG: Losses Doubled, Positive Outlook
Today, Vienna-based Intercell AG announced its financial results for the third quarter of 2010 and presented changes to the Management Board.
November 9, 2010
Vienna Insurance Group: Robust Rise in Earnings and Profits
Vienna Insurance Group experienced a rise in profits by 10,9 percent. Premiums increased by 7,1 percent to € 6.5 bn.
November 9, 2010
Andritz: Favorable Development in the First Three Quarters
Technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. Sales, earnings and profitability rose substantially.
November 8, 2010
AUA: Deficits Must Go
Austrian Airlines, bought in 2009 by German Lufthansa, are now working with profit at operational level. But restructuring of long haul routes is proving to be particularly difficult.
November 3, 2010
Change of Leadership at Bewag?
According to reports, there are plans for a premature replacement of the board at the power company from Burgenland.
November 3, 2010
Hypo Proceedings: New Revelations
Both sensitive data and risk and control instruments were handled negligently.
November 2, 2010
Volksbank: Greater Efficiency by Downsizing
The Austrian Volksbank AG (ÖVAG) has not been able to reach a cooperation with other domestic banks. The deal with the BAWAG failed. Now, the Volksbank is looking for alternatives.
October 30, 2010
Erste Group Posts Net Profit of EUR 737 Million
Net profit rose by 2.3% to EUR 736.8 million in the first nine months of 2010. The cost/income ratio improved to 48.7%, from 50.9% in the first three quarters of 2009.
October 29, 2010
AUA: Still Losses, But There Is an Upward Trend
Losses and costs fall, passenger numbers rise. Restructuring measures show results, but the target has not been reached yet, according to the board.
October 28, 2010
Verbund: Warning Concerning Profit
Despite worsening results, the Verbund Group holds fast to the capital increase. Core shareholders go along.
October 28, 2010
Hungarian Railway Workers Strike Against Rail Cargo
Due to employee layoffs at Rail Cargo Hungaria, the employees threaten to go on strike. Rail Cargo suffers losses both in Austria and in Hungary
October 27, 2010
Hypo Group: Dramatic Losses Expected for 2010
The bank has to downsize, and will therefore have to part with many assets, according to the chairman of the board. For 2012, prrofits are expected again.
October 27, 2010
Telekom Austria: Good Results Expected for 2010
The CEO of Telekom Austria, Hannes Ametsreiter sees the current financial year as "stable and good".
October 22, 2010
KTM is Back Again
With a surprisingly positive quarterly result, the motorcycle manufacturer KTM shows its old strength. All expectations have been exceeded.
October 22, 2010
Voestalpine: Good Prospects
Voestalpine has got back fast on the road to success. Cost reduction and growth outside Europe are the recipes.
October 21, 2010
AWD back in black
The financial services group AWD Holding AG returned to profitability and achieved a profit before interest and taxes (EBIT) of €20.4m. In the same period last year AWD had at deficit of €10.3m, the EBIT margin is at 7.8 percent.
August 18, 2010
Schoeller-Bleckmann Oilfield Equipment AG publishes half-year results
SBO, listed on the ATX market of the Vienna Stock Exchange, was able to take advantage of the increasingly rebounding market environment in the oilfield service industry in the first half of 2010.
August 18, 2010
C-QUADRAT Investment AG - Interim Financial Report as of 30 June
C-QUADRAT Investment AG concluded the first half year of 2010 with an operating income of €29.6m, an operating profit of €5.4m and a net profit of €8.5m.
August 16, 2010
Banks-Stress Test - Friday evening moment of truth
At 6pm the Association of European Banking Regulators publish the result of the test of 91 European financial institutions. In Austria, Erste Bank, RZB and Bank Austria will be tested.
July 21, 2010
Mitterlehner calling for judicious austerity measures
Economics Minister Reinhold Mitterlehner warns EU countries about excessive savings. "Instead of linear cuts, you should save intelligently. Otherwise, domestic consumption is decreased too much," said Mitterlehner.
July 19, 2010
Voestalpine AG - Resolutions of AGM
Voestalpine AG Annual General Meeting approves dividend and share repurchase program.
July 8, 2010
Vienna Stock Exchange - Weak week
With -6.2%, the ATX registers a weak week. The only positive factor is that recent annual lows were not crossed.
July 2, 2010
Agrana Beteiligungs-AG - AGM approves unchanged dividend
The 23rd Annual General Meeting of AGRANA Beteiligungs-AG today voted to pay a dividend unchanged from the prior year - of EUR 1.95 per share for the completed 2009/10 financial year.
July 2, 2010
Vienna Stock Exchange - The largest price gains and losers in the first Six months
Airport Vienna with largest share, Intercell leads losers list.
June 30, 2010
KTM Power Sports AG - KTM speeds up earning rise in the third quarter
The KTM-group is expected to generate an EBIT of €12.4m in the 3rd quarter of 2009/10 and is heading for an overly positive business year 2009/10.
June 25, 2010
Bene AG - Results for the first quarter of 2010/11
In the first quarter of 2010/11 sales and earnings of the Bene Group were still affected by the difficult economic environment in most of the markets.
June 23, 2010
Publication of the stress tests on Friday
In the second half of July, the results of the stress tests for the 25 leading banks in the community will be published. Previously such reviews, as well as the national results of stress tests for all banks of a country, were kept top secret.
June 23, 2010
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