21st Austria weekly - Warimpex (30/11/2018)

30.11.2018

Warimpex: For Warimpex Finanz- und Beteiligungs AG, a real estate development and investment company, the third quarter of the current financial year was characterised by a solid operational performance and a further reduction of finance expenses. However, this positive development was dampened by currency effects in Russia. Consolidated revenues declined, due to the lower number of rooms resulting from the sale of part of the portfolio in the spring of 2017, from Euro 35.5 mn to 21.6 mn. Due to the lower earnings contribution from hotel revenues and the lack of gains from the disposal of properties in the current financial year, EBITDA also fell from Euro 31.8 mn to 4.4 mn. EBIT dropped from 45.5 mn to 4.2 mn. CEO Franz Jurkowitsch: “Along with the ongoing activities in our core CEE markets of Poland and Hungary, we are also evaluatingoptions in Western Europe and definitely see potential for acquisitions here – in one case, negotiations are already at an advanced stage. We consider 2018 to be a transition year following the sale of part of our portfolio last year, and expect a significant increase in revenues and an improvement in gross income for 2019 following the opening of the Ogrodowa office building in Łódź this year,”
Warimpex: weekly performance: -1.34%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/11/2018)


Partners









latest 21st Austria

21st Austria weekly - Warimpex (30/11/2018)


30.11.2018, 1370 Zeichen



Warimpex: For Warimpex Finanz- und Beteiligungs AG, a real estate development and investment company, the third quarter of the current financial year was characterised by a solid operational performance and a further reduction of finance expenses. However, this positive development was dampened by currency effects in Russia. Consolidated revenues declined, due to the lower number of rooms resulting from the sale of part of the portfolio in the spring of 2017, from Euro 35.5 mn to 21.6 mn. Due to the lower earnings contribution from hotel revenues and the lack of gains from the disposal of properties in the current financial year, EBITDA also fell from Euro 31.8 mn to 4.4 mn. EBIT dropped from 45.5 mn to 4.2 mn. CEO Franz Jurkowitsch: “Along with the ongoing activities in our core CEE markets of Poland and Hungary, we are also evaluatingoptions in Western Europe and definitely see potential for acquisitions here – in one case, negotiations are already at an advanced stage. We consider 2018 to be a transition year following the sale of part of our portfolio last year, and expect a significant increase in revenues and an improvement in gross income for 2019 following the opening of the Ogrodowa office building in Łódź this year,”
Warimpex: weekly performance: -1.34%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/11/2018)



BSN Podcasts
Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #912: ATX unverändert, Aktientransaktionsgeschichten zu Strabag und Porr und das Bundesheer & me




 

Bildnachweis

Aktien auf dem Radar:Strabag, Uniqa, Frequentis, Addiko Bank, Rosenbauer, Lenzing, Marinomed Biotech, Rosgix, DO&CO, CPI Europe AG, AT&S, Pierer Mobility, Porr, SW Umwelttechnik, Wolford, Warimpex, Oberbank AG Stamm, Austriacard Holdings AG, Amag, FACC, Flughafen Wien, OMV, Palfinger, Österreichische Post, Telekom Austria, VIG, RHI Magnesita.


Random Partner

Kapsch TrafficCom
Kapsch TrafficCom ist ein Anbieter von Intelligenten Verkehrssystemen in den Bereichen Mauteinhebung, Verkehrsmanagement, Smart Urban Mobility, Verkehrssicherheit sowie vernetzte Fahrzeuge und deckt mit durchgängigen Lösungen die gesamte Wertschöpfungskette der Kunden aus einer Hand ab. Die Mobilitätslösungen von Kapsch TrafficCom helfen dabei, den Straßenverkehr in Städten und auf Autobahnen sicherer und effizienter zu machen.

>> Besuchen Sie 60 weitere Partner auf boerse-social.com/partner


Useletter

Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

Newsletter abonnieren

Runplugged

Infos über neue Financial Literacy Audio Files für die Runplugged App
(kostenfrei downloaden über http://runplugged.com/spreadit)

per Newsletter erhalten


h