21st Austria weekly - Zumtobel Andritz 23/08/2023 [pic1]Zumtobel: Lightning group Zumtobel expects a revenue decline in the mid-single digit range for 2023/24 financial year previous guidance: growth of 1% to 4% due lack dynamics short-term components business and tense economic climate. The expected EBIT margin 3% 6% is confirmed – providing there no further deterioration environment. development during Q1 was stable Lighting Segment but declined by 25.4% Components Segments from very strong prior level EUR 103.2 million 77.0 million. Contrary previous outlook demand substantially more Segment failed develop momentum chiefly customers’ continued high stock levels.Zumtobel: performance: -1.55%Andritz: Greenply
21st Austria weekly - Mayr-Melnhof Polytec Austrian Post Semperit DO&CO Wienerberger 10/08/2023 [pic1]Mayr-Melnhof: Cartonboard and packaging group Mayr-Melnhof reportes half-year results for 2023. The Group s consolidated sales of EUR 2 181.4 million were slightly below the previous year s figure 1st half 2022: 2 218.5 million. A primarily volume-related decline in division MM Board & Paper was offset by an acquisition- price-related increase Packaging. Operating profit decreased 181.0 from 285.0 to 104.0 million. This extensive market- capex-related downtime at Paper. Group’s operating margin therefore 4.8 % 12.8 %. Peter
21st Austria weekly - Semperit RBI AT&S 01/08/2023 [pic1]Semperit: an internationally oriented group that develops and produces polymer products has successfully completed the acquisition of Rico Group one world’s leading full-range suppliers customised elastomer plastics applications. After all approvals were obtained closing took place on 31 July 2023. generated revenue approximately EUR 90 million in financial year 2022 employs more than 500 people Austria Switzerland USA.Semperit: performance: 0.74% Raiffeisen Bank International: International RBI achieved profit after tax from continuing operations 1.327 billion euros first half 2023 exceeding figure for same period last 1.299 euros by about 2 per cent. Consolidated
EUR/USD spiking higher, USD/JPY lower after US rating downgrade forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.