Sponsored
Page 4/26

Earnings

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

Austria: Alpine to Require More Funding

Selling of affiliates will be postponed.

June 7, 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

FCC in the Reds Again

High Losses in first quarter for Alpine’s parent company FCC.

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

Austria: Hypo Group Still Sailing in Stormy Waters

Hypo Group wants a fast selling until the end of 2013. Vending of Italian and CESEE subsidiaries could take longer as the economic situation is not appealing at the moment.

March 12, 2013