Investors can hope that Strauss Group’s bad luck will pass soon, and that coffee prices will revert to where they were in the previous decade, which would boost Strauss’s operating margin to 11%
21st Austria weekly - Porr CA Immo 30/01/2024 [pic1]Porr: Construction group Porr has issued a deeply subordinated bond to refinance its 2020 and 2021 hybrid bonds which are repayable for the first time in February 2025 November 2026 respectively. The achieved volume of 135 mn Euro an coupon 9.5 %. "With tailwind our positive corporate development expected good result 2023 we can now take this important step towards securing equity structure long term. We have easily reached target thus ensure planning security next five years" says Karl-Heinz Strauss CEO Porr.Porr: performance: -7.16%CA Immo: Based