21st Austria weekly - Marinomed 22/05/2024 [pic1]Marinomed: Biotech AG VSE:MARI announces revenues of EUR 0.7 million recorded in the first quarter 2024. After observing record from Carragelose product sales heavily influenced by SARS-CoV-2 pandemic over past years revenue 2024 has declined to levels observed before pandemic. This decline is mostly due high inventories and return seasonality causing a drop customer demand. Due cost-conscious cash management equivalents stood at 1.9 compared 2.6 end 2023. The operating result EBIT -1.9 Q1 2023: -1.4 million loss for period amounted -2.1 million. “Although we are making constant progress working on several initiatives parallel situation remains challenging. Revenues
21st Austria weekly - Verbund CA Immo 21/05/2024 [pic1]Verbund: Austria s leading utility company has taken another step in its long-standing green finance strategy and successfully issued a bond including biodiversity. The biodiversity for EUR 500 million with term of 7 years was extremely well received by the investor community competitive environment therefore oversubscribed more than 6 times at peak. high demand made it possible to set interest rate an attractive level 3.250%. company intends use up 90% proceeds from construction 380 kV Salzburg high-voltage line Salzburg line. In addition Verbund projects "LIFE Riverscape Lower Inn" Project Blue
21st Austria weekly - Uniqa Immofinanz S Immo 24/05/2024 [pic1]Uniqa: The premiums written of UNIQA Insurance Group AG including savings portions from unit-linked and index-linked life insurance rose by 10.9 per cent to €2 184.3 million in the first three months 2024 compared with same period previous year 1 – 3/2023: €1 969.4 million. Above all property casualty health contributed this very pleasing growth. Group’s earnings before taxes improved significantly 16.8 €145.1 €124.3 Consolidated profit/loss proportion net for attributable shareholders increased 5.9 €106.9 €101.0 solvency capital requirement ratio accordance Solvency II which is considered be a measure capitalisation was at high level around 264 as reporting date 31 March 2024.Uniqa: performance: -0.36% Immofinanz/S Immo: Immofinanz
21st Austria weekly - Porr 23/05/2024 [pic1]Porr: Construction group proved exceptionally stable in the first quarter of 2024. PORR’s production output totalled EUR 1 323m 2024 making it 4.1% higher than previous year’s figure. In – traditionally weakest year due to seasonal factors revenue remained compared same period last at 1 275.6m 1-3/2023: 1 266.3m. Thanks efficient supplier management cost materials and other related services was reduced by 4.0%. This resulted a substantial increase EBIT 14.4% 11.3m. addition PORR saw EBT almost double from 4.5m 8.0m. CEO Karl-Heinz Strauss sees grounds for optimism: “We expect industry recover over course year partly expected interest rate cuts ongoing support measures European
21st Austria weekly - Semperit 15/05/2024 [pic1]Semperit: In the first three months of 2024 Group generated stable revenue EUR 176.0 million 1–3 2023: 176.4 million while EBITDA increased by 9.4% to 23.0 million. The cost-cutting programs introduced in 2023 already reduced expenses a total 9.9 million which 4.1 was attributable quarter 2024. Earnings after tax improved 3.6 0.4 million. from continued operations were positive at 5.0 “The market environment remained challenging but measures we an early stage are taking effect and our industrial strategy with investments growth further increase sales excellence is being fully implemented ” says CEO Karl Haider. “We thus confirm guidance see ourselves well on track around 80 full year 2024.”Semperit: performance: 1.54% From