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Polytec

Polytec: Drastic Decrease in Sales and Earnings

Today, the Austrian component supplier has published its results for the first six months of 2012. Due to the sale of the interior segment last year, EBIT and sales were down remarkably.

August 8, 2012

Polytec: Lower Revenues Anticipated

The Austrian automotive component supplier will present its half-year results next Wednesday. Erste Group and RCB (Raiffeisen Centrobank) expect lower earnings.

August 6, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-30)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Comments and Analyses.

May 30, 2012 · Updated: May 30, 2012; 18:01

Polytec: Sharp Cut in Earnings

Today, the Austrian automotive component supplier published its results for the first quarter 2012. Due to the sale of the interior business, sales and earnings were down considerably.

May 9, 2012

Declining Results at Polytec Expected

Due to the sale of the interior business, he Austrian automotive supplier´s revenue is anticipated to decrease by 40.4%.

May 7, 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

Vienna Stock Exchange: Winners and Losers (2012-03-31)

Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

March 31, 2012

Polytec Aims For Expanding in Asia

Friedrich Huemer, CEO of the Austrian automotive supplier, wants to start investments in China and India.

February 27, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-01)

Daily News-Flash of Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

February 1, 2012 · Updated: February 1, 2012; 18:28

Vienna Stock Exchange: Winners and Losers (2012-01-27)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

January 27, 2012 · Updated: January 27, 2012; 18:08

Vienna Stock Exchange: Winners and Losers (2012-01-16)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

January 16, 2012

Polytec Sells Interior Business

The Austrian automotive component manufacturer sells its Spain-based interior segment. Results for 2011 are confirmed.

December 27, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-11)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 11, 2011

Polytec Raises Outlook and Confirms Dividend

The Austrian component supplier registered a 50% decline in financing costs. Group sales are now expected to amount to € 650m in the full year.

November 10, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-04)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 4, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-03)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 3, 2011

Polytec Considers Acquisitions

The Austrian automotive component supplier Polytec, which recently achieved the turnaround, now also considers to expand its business via external growth.

November 2, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-04)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 4, 2011

Polytec Expands Capacities after Strong First Half of 2011

The Austrian component supplier achieved significant growth in earnings and is going to invest in its core competences. The group will acquire PPI Plastic Products Innovation GmbH & Co KG.

August 3, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-29)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-20)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 20, 2011

Indian Motherson Sumi to Acquire Peguform from Cross Industries

The Austrian industrial holding company found a buyer for the automotive component supplier which had been separated from the Polytec Group in 2009.

July 13, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-01)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 1, 2011

RLB OÖ to Sell Its Stake in Polytec

The Upper Austrian regional bank will sell its shares in the component supplier for approximately € 34m.

June 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-06-15)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

June 15, 2011

Vienna Stock Exchange: Winners and Losers (2011-06-14)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

June 14, 2011

Polytec Sells the Interior Segment to the Toyota Group

The Austrian component supplier divests a business segment due to high competitive pressure. The buyer is Toyota Boshoku Europe.

June 9, 2011

Vienna Stock Exchange: Winners and Losers (2011-05-27)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

May 27, 2011

Highly Satisfying Results for Polytec

The Austrian component supplier could definitively leave the crisis behind. EBITDA rose more than four-fold.

May 11, 2011

Vienna Stock Exchange: Winners and Losers (2011-04-21)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

April 22, 2011

Vienna Stock Exchange: Winners and Losers (2011-04-12)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

April 12, 2011

Polytec Achieves Turnaround

The Austrian component supplier could improve its results substantially. Net profits are in the black again.

April 7, 2011

Vienna Stock Exchange: Winners and Losers (2011-03-24)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

March 25, 2011

Polytec: CEO Reduces own Shares

Polytec´s CEO Friedrich Huemer reduced stake for a partial refinancing of the buyback of properties.

January 29, 2011

Polytec Reduced Net Financial Debt by more than 50%

The Austrian component supplier closed an agreement about the repayment of the restructuring loan and records a strong increase in profitability in 2010.

January 21, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-12)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 13, 2011

Polytec Sells Italian Subsidiary

Today Polytec Holding AG signed an agreement to sell 100% of the shares of Polytec Composites Italia (PCI) to Industrie Metallvakuum Ranger S.p.a. (IMR).

December 29, 2010

Polytec: Withdrawal of RLB Oberösterreich?

According to market information, the Raiffeisen Landesbank Oberösterreich (Upper Austria) will separate from the auto supplier, who was badly hit by the crisis, but is writing black figures again.

November 4, 2010

Polytec Group Continues Upward Trend

The Upper-Austrian automotive component supplier is able to record rising earnings also in Q3 2010.

November 3, 2010

Polytec Takes Off on the Stock Market. Huemer's Vision Blooms Again

The share of the auto supplier Polytec surprises the Vienna Stock Exchange with price jumps. "Who knows what is behind it," they say.

September 14, 2010