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Vienna shares end: slight losses – Addiko Bank shares rise significantly

Vienna shares end: slight losses – Addiko Bank shares rise significantly

Magnesita shares also trade ex-dividend. Furthermore, Slovenian banking group Nova Ljubljanska Banka NLB intends to submit a takeover bid for Addiko Bank. Adecco shares rose 4.2 percent.

Wienerberger recorded a loss of 0.3 percent. The world's largest brick manufacturer posted much smaller gains at the start of the year this year. Earnings before interest, taxes, depreciation and amortization (Ebitda) fell by 45 percent to €115 million in the first quarter compared to the same period last year. Sales fell by 9 percent to 953 million euros.

According to Erste Group, Vienna Airport's numbers for the first quarter decreased Slightly higher than expectations. Like the rest of the group, Vienna Airport handled more passengers and increased sales and profits in the first quarter at Vienna Airport in Schwechat. The airport's share closed unchanged in percentage terms.

Polytec's results for last quarter were rated as “compliant” by Erste Group. The Upper Austria car supplier increased its sales in the first quarter of the year, but ultimately made a loss. Operationally, the company was once again clearly positive. Polytec titles rose 3.1 percent. Both Baader Bank and Warburg Research reiterated their “buy” and “hold” recommendations after presenting the numbers.

Shares of RHI Magnesita fell 3.7 percent without a dividend. In the technology sector, AT&S shares rose 5.7 percent./ste/mik/APA/men

Source: German News Agency-AFX

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