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Earnings
Strong Growth at UniCredit Leasing Austria
Volume of new business rises by 23.6 per cent to about € 943m. In 2011, UniCredit Leasing Austria expanded its market lead in Austria to a market share of 14.9 per cent
April 12, 2012
Telecommunication Industry Faces Declining Revenues
Telekom Austria´s CEO Hannes Ametsreiter forecasts declining revenues and profits at the Austrian telecommunication industry. For his own company, Ametsreiter is slightly optimistic.
April 11, 2012
AVE Needs Fresh Funds
The waste management company, which is held by the Upper Austrian energy company Energie AG, intends to pursue its growth strategy in CEE. New capital is needed therefore.
April 10, 2012
Oberbank Aims For „Organic Growth“
The Upper-Austrian regional bank continues its growth course and underlines its financial stability and independence.
April 6, 2012
Strabag Germany Cancels Profit Warning
In November, the German subsidiary of the Austrian construction company published a profit warning. Now, the initial expectations were recovered.
April 6, 2012
Higher Earnings at RLB Tyrol
In 2011, Raiffeisenlandesbank Tyrol (RLB) could raise earnings by 37 %to € 24.2m.
April 6, 2012
FACC Enhances Revenues Massively.
The Austrian plane component supplier FACC could raise revenues by 31%.
April 5, 2012
VBAG Records Losses of € 1.35bn
Due to high write-offs in Hungary and Romania, the Austrian nationalized bank registered major losses in 2011. Thus, the capital injection covers these losses only partially.
April 5, 2012
VIG Re: Increase In Profits
Vienna Insurance Group Re posted results. The re-insurer said it raised pre-tax profit by 11.1 percent to € 20.6m, and premium volume by 4.2 percent to € 292.3m.
April 5, 2012
Austrian Industrial Sector Faces Uncertainties
The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.
April 4, 2012
Polytec Posts Significant Improvement of Earnings
Sales and Earnings performed as expected. Earnings per share reach € 1.54, a dividend per share of € 0.35 is proposed.
April 4, 2012
Polytec: Declining Revenues, but Rising Earnings Expected
Tomorrow, Wednesday, the Austrian automotive component supplier presents its results of 2011. Analysts anticipate a significant increase in earnings.
April 3, 2012
Oberbank: High Earnings, Low Expectations
The Upper-Austrian regional bank achieved strong results in 2011. Nevertheless, expectations for 2012 are decent.
April 3, 2012
Warimpex Achieved Turnaround
The Austrian real estate enterprise reported figures today. Sales rose by 11%.
April 3, 2012
BDI: Higher Earnings, Lower Sales
BioEnergy International´s EBIT was up by 13.4% at € 3.6m. Sales declined by 13.1%.
April 2, 2012
Construction Industry: Small Rise in Output, Good Prospects
The Austrian construction industry recorded an increase in volume of orders by 10.2% at the end of December 2011. Output of construction of buildings and civil engineering rose by 2.9% from January to December 2011.
March 30, 2012
Small Rise in Industrial Turnover
Positive production trends in industry and construction in December 2011: turnover rose by 3.7%. Industrial producer prices rose by 2.1% in February 2012 compared to February 2011.
March 30, 2012
EStAG Reports Moderate Rise in Earnings
The Styrian energy supplier Energie Steiermark AG could raise revenues by 9.0% to 1.37bn. Operating profits were down, though.
March 30, 2012
Rewe Austria Shows Solid Growth
The German retail chain achieved sales of € 7.47bn in Austria last year, which is a rise of 6.26%.
March 30, 2012
Strong Rise in Sales at Hutchison
The Austrian subsidiary of the Hong Kong-based telecommunication service supplier recorded an increase of 30% in sales.
March 30, 2012
Bank Austria Considers Leaving East European Markets
UniCredit´s subsidiary may leave Baltic countries as well as Kazakhstan. CEO Cernko is optimistic to achieve more than € 1.0bn in profits this year.
March 30, 2012
S&T Achieved Turnaround
The realization of investor participation stabilized the Austrian IT service provider and showed positive effects on liquidity, equity capital and group results.
March 29, 2012
Weak Results at bwin.party
The Austro-British gambling copmany could increase EBITDA by 3.0%. Total revenues remained stable.
March 29, 2012
Semperit Group Achieved Double-Digit Growth Rates
Revenue increased by 18.9% to € 820.0m. The Austrian producer of synthetic products recorded an increase in earnings after tax by 19.2% to € 54.1m.
March 29, 2012
VIG Reaches Record in Group Profits
Vienna Insurance Group registers an increase in Group profit (before taxes) by 10.1 percent to about € 560m. VIG proposed a dividend increase of 10 percent to € 1.10 per share.
March 29, 2012
RBI Posts Pre-Tax Profit of € 1.4bn
As only Austrian bank, Raiffeisen Bank International pays divididends. The tier 1 ratio raises by 0.2 percentage points.
March 29, 2012
Palfinger: High Expectations in China
The Austrian crane manufacturer is optimistic that China becomes the biggest market for the company.
March 28, 2012
Massive Increase in Revenues at Conwert
Revenues at the Austrian real estate company increase by 55.9 % to € 852.9m. Net income almost doubled.
March 28, 2012
Bank Austria: Higher Profits than Expected
Bank Austria posts net profit of € 209m despite burdens of € 1.2bn resulting from Greece, goodwill impairment and bank levies.
March 28, 2012
Ottakringer: Hungary Lowers Profits
The Austrian beer producer achieved stable results in 2011. The Hungarian brewery Pécs reports losses, however.
March 27, 2012
Burger King to Expand in Austria
The U.S. fast food chain enlarges its Austrian branches. Moreover, Burger King aims to enter the coffeehouse segment.
March 26, 2012
Growth in Austrian IT Industry
In 2011, the Austrian Information Technology and Communication Industry achieved revenues of € 54bn. This corresponds to an increase of 6.6%.
March 26, 2012
BWT Posts Decline in Profits
The Austrian water technology company recorded revenues of € 478.9m (+3.9%). Net profit was down from € 22.7m to € 13.6m.
March 26, 2012
Increase in Profits at Immofinanz
The Austrian real estate Group continued the positive trend recorded in recent quarters during the third quarter of the 2011/12 financial year. Profits were up by 17.5%.
March 26, 2012
New Sales Record at Pfanner
The Austrian fruit juice producer achieved constant growth rates last year. Sales were up to € 245m.
March 24, 2012
Losses at Verbund´s French Subsidiary Poweo
With consolidated revenue totalling € 503.4m, down 27.7%, the Group ended the year with a net loss of € 63.4m, due mainly to losses at the generation business and various write-downs
March 23, 2012
KTM Underlines Successful Year 2011
Results were significantly up last year. The emission of a € 75m corporate bond should strengthen the long-term financing structure.
March 23, 2012
Vienna International Airport to Offer More Incentives
In order to maintain competitiveness, the airport tries to attract more airlines. But also costs will have to be cut.
March 23, 2012
Moderate Improvement in Vamed´s Results
The Austrian health service supplier could record a rise in sales by 3.0%. EBIT was up by 8.0%.
March 22, 2012
Immofinanz: Analysts Expect Strong Earnings Growth
According to market expectations, the Austrian real estate company may achieve a 30% increase in EBITDA.
March 22, 2012
Excellent Results at Lenzing Group
The Austrian fiber producer announces that the € 2bn sales threshold was surpassed for the first time. EBIT was up by 60%.
March 22, 2012
S Immo: Increase in Rental Income of 21.1%
The Austrian real estate company announces an EBIT increase of 52.4%. Consolidated net income for year rose from € 2.1m to € 21.3m.
March 21, 2012
MAN Austria Records Lower Revenues
The Austrian subsidiary of the German truck producer registers a decline in revenues by 12%. The number of produced driver cabs was up significantly.
March 21, 2012
Vienna International Airport Posts Fall in Profits
EBITDA increases 12.4% to € 189.0m. Net profit declines to € 31.6m due to previously announced special effects. VIA´s management gives a positive outlook for 2012.
March 21, 2012
FMA: Insurance Companies Raised Profits to € 1.16bn
The Austrian Financial Market Authority (FMA) observes rising profits in the domestic insurance industry. Operating profits grew to € 1.16bn.
March 20, 2012
Allianz Austria Improves Premium Intake
The Austrian subsidiary of the German insurance group could enhance results in all its segments. Due to a decline in investment results, net profits were down significantly.
March 20, 2012
Hypo Group´s Austrian Subsidiary in the Profit Zone
Hypo Alpe Adria Bank AG, the Austrian subsidiary of Hypo Alpe-Adria-Bank International AG, today reports positive results from ordinary business activities (EBT) in 2011 of € 10.18m.
March 20, 2012
Pankl Announces Strong Earnings Growth
The Austrian automotive component supplier achieved a 17% growth rate in revenues. EBIT was up by 85%.
March 19, 2012
Bawag to Refund Bank Aid in 2014 by Earliest
The U.S. owned bank was the only one in Austria which could increase its profits last year. The restructuring is successfully completed.
March 17, 2012
Bawag Underlines its Profitability
The Austrian bank, which is owned by the U.S. investment fund Cerberus, could report profits before taxes of € 156m. Against 2010, this is a rise by 13%.
March 16, 2012
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