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Earnings
Albrecht Wants Common Collective Agreement
After the transfer of undertakings, the CEO of Austrian Airlines aims to create a collective agreement for the whole workforce. Further cuts are not excluded.
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
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
Verbund Posts Substantial Improvement in Earnings
Operating result rose by 22.2% to € 263.6 m. Group profit increased by 10.16%. Nevertheless, the Austrian energy company remains below market expectations.
May 3, 2012
New Record Loss at AUA
Bad news for Austrian Airlines: the result from operating activities reaches € -66.7m. AUA refers to higher kerosene prices and the air travel tax. Nevertheless, the turnaround should be reached in 2013.
May 3, 2012
Mixed Results at RLB Styria
Raiffeisenlandesbank (RLB) Styria achieved an increase in EBIT by 13.3%. Net Income was down by 4%.
May 2, 2012
High Losses at Hypo Tirol
The Austrian regional bank suffered high write-offs due to Italian non-performing loans. Pre-tax losses totaled € 107m.
May 1, 2012
BIG Raised Revenues and Profits
The publicly owned Austrian Federal Real Estate Company (BIG) raised its revenues by 3.3% to € 818.9m.
May 1, 2012
Kommunalkredit: Losses Reach € 150m
The nationalized Austrian lender had to write down Greek sovereign bonds. Write-offs totaled € 176m.
April 30, 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
ATB Achieved Turnaround
Sales of the Austrian motor producer were up by 10%. Operating profits rose to € 45.2m after € -88.2m 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
Pankl Achieved Record Results
The Austrian automotive component supplier recorded excellent results: in the first quarter of 2012, revenues were up by 25% to € 36.5m. EPS rose by 34%.
April 30, 2012
Erste Group Surpasses Expectations
The Austrian banking group improves net profit to € 346.5m in Q1 2012, EBA capital requirement already met as of March 2012.
April 30, 2012
Vorarlberger Kraftwerke: Slight Increase in Results
Net income moved from € 40.2m to € 43m. Revenues reached 449.2m.
April 28, 2012
S&T Underlines Profitability
The Austrian IT company was able to achieve the turnaround. After losses of € 11.7m, the first quarter of 2012 brought profits of € 1.8m.
April 28, 2012
Pecik and Sawiris to Enter Telekom´s Supervisory Board
Together with his Egyptian partner, Ronny Pecik will enter Telekom Austria´s supervisory board. Pecik wants to stop the generous dividend policy.
April 28, 2012
Conwert Establishes Joint Venture in Germany
The Austrian real estate company expands in Germany. Sales volume of the construction project in Bamberg is estimated to reach € 100m.
April 27, 2012
Strabag Posts Strong Rise in Profits
The Vienna-listed construction company recorded a 12% increase in net income. The output volume rose by 12%. In 2012, an output volume of € 14.3bn is expected, EBIT guidance is very ambitious, Strabag says.
April 27, 2012
Drastic Profit Decrease at Raiffeisen´s Interests
In 2011, profits of interests held by RLB Lower Austria – Vienna Holding went down by 59%. CEO Hameseder is “not satisfied at all”.
April 27, 2012
Asfinag Enhanced Profits
In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.
April 26, 2012
Rising Revenues at Linz Textil
Despite a major fire at Linz Textil´s site last year, the textile company could raise revenues by 9.2%. Profits decreased slightly.
April 26, 2012
Restructuring: Hope at ÖBB
In 2010, Austrian Railways recorded losses of € 330m. CEO Kern could decrease losses to € 28m in 2011. The final turnaround is not achieved yet, Kern says.
April 26, 2012
Record Results at Hypo Lower Austria
The regional bank could enhance its earnings and profit situations significantly.
April 25, 2012
Moderate Profit Increase at Erste Bank
The Austrian subsidiary of the Vienna-based Erste Group could record a 12.1% profit increase. Lending was up by 33%.
April 24, 2012
Substantial Revenue Increase at austriamicrosystems
austriamicrosystems recorded revenue and earnings growth in the first quarter of 2012 and expects full year revenue growth to exceed 30% compared to 2011.
April 23, 2012
Bank Burgenland Records Profits in spite of Hungarian Crisis
The Austrian regional bank´s results were impressed by the coerced conversion of foreign currency loans in Hungary.
April 21, 2012
Sorgenia Records Losses
The Italian subsidiary of the Austrian energy company Verbund registered net losses of € 14.7. Revenues were up by 9.5%.
April 21, 2012
Drastic Cut in Profit at RLB Lower Austria-Vienna
After net income of € 308.6m in 2010, the figure went down by 64.5% last year. Write-offs in Hungary, bank taxes and the lower result at RZB are the main reasons.
April 20, 2012
Rosenbauer Reports Decline in Revenue and Profit
The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.
April 20, 2012
Considerable Rise in Profit at S Immo
Consolidated net income at the Austrian real estate company was up from € 2.1m to € 21.2m. EBITDA was up by 42.0%.
April 20, 2012
Mixed Results at Generali Austria
The Austrian subsidiary of the Italian insurance group recorded a decent rise in premium income. Earnings were down by 24%.
April 19, 2012
Bad Prospects for Austrian Paper Industry
In 2011, production of the Austrian paper industry declined by 2.2%. In 2012, there is no reason to be optimistic, the industry says.
April 18, 2012
Losses at ECO Business Immobilien
The Austrian real estate company recorded losses of 12m in 2011. The year before, ECO Business still showed profits.
April 17, 2012
RZB Group: Profits Fell by 38%
The Austrian banking group posts an operating income of € 5,416m (minus 1.5 per cent). Profit before tax reached € 1,144m (minus 11.5 per cent).
April 17, 2012
Austrian Railways Aims for Expansion in SEE
ÖBB (Austrian Railways) wants to establish a new freight subsidiary operating in Southeastern Europe. In Austria, ÖBB performs better than expected.
April 16, 2012
Quanmax Posted Record Revenues
The Austrian IT copmany achieved record revenues of € 153.2m in fiscal year of 2011. This corresponds to an increase of 90 percent compared to € 80.7m in the previous year.
April 16, 2012
Moderate Growth at Wintersteiger
In 2011, the Austrian machine manufacturer could raise revenues by 9.0% to € 101.8m.
April 14, 2012
Bene Posts Rise in Earnings
In the scope of an institutional investors event, the Vienna Stock Exchange listed Bene Group publishes today a first estimate of results for the financial year 2011/12 ended on January 31, 2012.
April 14, 2012
Casinos Austria International Records Massive Losses
Casinos Austria Group posts minimal profits. Losses of the subsidiary Casinos Austria International could be offset by the Austrian division.
April 14, 2012
Lenzing Expects Not to Reach Results of 2011 Again
Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.
April 13, 2012
SW Umwelttechnik Improved Earnings
The Austrian environmental technology company still records operating losses. Turnover fell considerably.
April 13, 2012
AUA Expected to Record High Losses Again
This year, Lufthansa-owned Austrian Airlines is anticipated not to reach the profit zone. In the first quarter, fees and fuel caused higher costs of € 28m.
April 12, 2012
Voestalpine Indicates Significant Increase in Revenues
The Austrian steel company recorded about € 12.0bn in revenues last financial year. 25% of the revenues are based on exports apart from Europe.
April 12, 2012
Austrian Airlines Record All-Time-High in Passengers
In March, 893,600 passengers were carried by AUA, which is an increase by 12 percent. In the first quarter, the passenger number rose by 10.1% to 2.3 million. However, fuel costs also reached a new record level.
April 12, 2012
Moderate Passenger Traffic at Vienna International Airport
Vienna Airport: plus 8.6% in passengers during March 2012. Cargo volume continues to decrease.
April 12, 2012
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