Bank Austria: Growth of Austrian Industry Taking its Time

The latest Purchasing Manager index of Bank Austria indicates a decreased growth m/m, although the range of that decrease was less prominent than in previous months.

February 26, 2015

Strabag Seeks to Grow Overseas

Listed Austrian construction group Strabag wants to expand business overseas and to increase the share of markets outside of Europe, it follows from an interview with CEO Thomas Birtel for WirtschaftsBlatt. The dividend for 2014 is to be at least as big as for 2013 (EUR 0.45/USD 0.51 per share)

February 23, 2015

Kapsch TrafficCom - Analysts Expect Operating Profit for 9 Months

Analysts predict that the 9-month financial report of Kapsch TrafficCom to be published on Wednesday will show substantial gains on the operating level.

February 23, 2015

RBI: Analysts Predict No Dividend in 2015

Problems in Russia and Ukraine took their toll on listed Raiffeisen Bank International (RBI) in 2014. The bank is expected to report a net loss for the past year. The preliminary whole-year figures shall be disclosed on Monday and analysts of Barclays, Citi, Goldman Sachs and UBS think a dividend for 2014, and even for 2015, unlikely.

February 6, 2015

EC Cuts Austria's GDP Growth Forecast 2015 to 0.8 Pct

Austria's GDP will likely grow by 0.8 percent in 2015, the European Commission said in its winter forecast out Thursday, cutting the November estimate for 1.2 percent.

February 5, 2015

Bwin.Party Issues Revenue Warning for 2015

Listed Austrian-British gambling group has issued its second revenue warning this year. Due to taxation of online gambling in some EU member states as of 1 January the company expects its net revenue and cash flow may be diminished by EUR 15 million (USD 16.97 million) in 2015.

January 30, 2015

Austrian Economy to Grow 1.25 Pct a Year on Average by 2019

Austria's economy will likely grow at the average annual rate of 1.25 percent in 2015-2019, researcher Wifo said in the latest midterm forecast out Wednesday.

January 28, 2015

Analysts Think Oil Price Will Determine Share Price Performance

Oil price, Russian crisis and central bank policy of FED and ECB will be the most important issues affecting share price developments in 2015, stock broking analysts interviewed by APA believe. The analysts recommend European securities over US American ones, stressing that emerging markets may provide a positive surprise this year. However, in H1 the performance is expected to be rather poor.

January 16, 2015

Nowotny Does Not Expect ECB Interest Cuts

Austrian central bank governor Ewald Nowotny reckons the interest rate policy of the ECB does not allow for further interest rate cuts, especially since the low-interest policy has already yielded various, clear effects.

December 15, 2014

Rewe Retail's Unit Adeg Eyes EUR 4.3 Mln Loss in 2014

Retail giant Rewe's unit Adeg expects its 2014 loss to widen to EUR 4.3 million (USD 5.3 million) from EUR 280k last year, Rewe spokesperson Ines Schurin said as cited by the daily WirthschaftsBlatt.

December 10, 2014
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