Welcome!

News Feed Item

Mixed Half Yearly Results and Forecasts - Research Reports on Tipp24, Vossloh, Deutsche Annington, C.A.T. oil and Schaltbau

FRANKFURT, Germany, August 13, 2014 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.


Today, Earnings Review released its research reports regarding Tipp24 SE (ETR: TIM), Vossloh AG (ETR: VOS), Deutsche Annington Immobilien SE (ETR: ANN), C.A.T. oil AG (ETR: O2C) and Schaltbau Holding AG (ETR: SLT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/5677-100free.

--
Tipp24 SE Research Reports
On August 6, 2014, Tipp24 SE (Tipp24) announced its H1 2014 financial results. Tipp24 generated revenues of €68.2 million, versus €76.4 million during H1 2013. Consolidated EBIT amounted to €6.0 million, significantly lower than the prior year EBIT of €21.4 million. Tipp24 attributed the fall to increased employee and other operating expenses as well as a high winning payout of MyLotto24 Limited of around €6.7 million in March 2014. Consequently, the half yearly EBIT margin declined to 8.8% from 28.1% in H1 2013. Tipp24 continues to expect its full year 2014 revenues to grow between €135 million and €145 million, but has reduced its EBIT forecast to between €15 million and €25 million, from €25 million and €35 million, forecasted earlier. The full research reports on Tipp24 are available to download free of charge at:

http://earnings-review.com/5677-TIM-12Aug2014.pdf

--
Vossloh AG Research Reports
On July 24, 2014, Vossloh AG (Vossloh) reported H1 2014 results that were significantly weighed down by restructuring, expenses in connection with the realignment of the Group and revised assessment of risks. The Company reported results before interest and income taxes (negative EBIT) of €145.4 million, versus an EBIT of €12.1 million, during the H1 2013 period. Sales revenues, however, rose by 2.2% YoY to €626.0 million in H1 2014. Incoming orders too exceeded the corresponding amount in the prior year by 12.4% YoY to €661.6 million. The order backlog as of June 30, 2014 amounted to €1.8 billion, up 15.8% YoY. For full year 2014, Vossloh expects a negative EBIT of €150 million to €180 million. Vossloh also said that the previously planned sales revenues growth target of 10% YoY for full year 2014 is no longer achievable and that it is striving to return the operations of the Company to profitability in 2015. The full research reports on Vossloh are available to download free of charge at:

http://earnings-review.com/5677-VOS-12Aug2014.pdf

--
Deutsche Annington Immobilien SE Research Reports
On July 31, 2014, Deutsche Annington Immobilien SE, (Deutsche Annington) revised its full year 2014 financial guidance, building upon a strong set of H1 2014 numbers. The Company expects FFO 1 to total €275 million - €285 million in 2014, versus €250 million - €265 million, as forecasted earlier. For H1 2014, FFO 1 went up by 26.0% YoY to €130.3 million, primarily due to decrease in interest expense and the DeWAG portfolio being incorporated from April 1, 2014 as scheduled. Taking the DeWAG portfolio into account, the monthly in-place rent per square metre rose 3.9% YoY to €5.56 at the end of H1 2014 and the vacancy rate dropped 0.1% YoY to 3.8%, all confirming the operational strength of the Company. Furthermore, the Company has increased its investments once again in modernization by €10 million to €160 million for 2014, more than doubling its last year's investments of around €70 million. The full research reports on Deutsche Annington are available to download free of charge at:

http://earnings-review.com/5677-ANN-12Aug2014.pdf

--
C.A.T. oil AG Research Reports
On August 6, 2014, C.A.T. oil AG's (C.A.T. oil) stock fell 3.39% from its previous day's close to end the trading session at €13.66. The stock opened at €13.91, touched an intraday high of €14.00 and a low of €13.04. The stock has a 52-week low of €11.65 and a high of €24.58. Over the past 12-months, the stock has gained 6.72%. As per the Financial Calendar page on the official website of C.A.T. oil, the Company will announce its Q2 2014 financial results on August 28, 2014. Cat Oil is an Austria-based holding Company, which is active in the oil industry. The full research reports on C.A.T. oil are available to download free of charge at:

http://earnings-review.com/5677-O2C-12Aug2014.pdf

--
Schaltbau Holding AG Research Reports
On July 24 2014, Schaltbau Holding AG (Schaltbau) announced preliminary financial results for H1 2014. Sales were up marginally by 1.6% YoY to €196.7 million. According to Schaltbau, sales generated by the Polish subsidiary RAWAG, which has been fully consolidated since April, and by ALTE Technologies, the operations of which have been included since the end of April, were the primary sources of growth. Adjusted for the impact of first-time consolidation, the order book grew by 3.2% YoY, while sales went down by 4.5 YoY. The Company attributed the modest organic sales performance during the period largely to project postponements. Earnings too were held down in particular by substantial upfront expenditure for future growth as well as by expenses for projects that are to be recognized from 2015 onwards. Acquisition-related expenses, in addition to the impact of project postponements, also had a negative impact on earnings. However, these negative factors were more than compensated by the revaluation gain recognized on the 42.6% shareholding in RAWAG, resulting in an EPS of €2.93 in H1 2014, as against €1.71 in H1 2013. The full research reports on Schaltbau are available to download free of charge at:

http://earnings-review.com/5677-SLT-12Aug2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis and the content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] earnings-review.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] earnings-review.com for consideration.

COMPLIANCE PROCEDURE

Content is researched and written on a best-effort basis by Copal Amba, an outsourced research services provider, on behalf of Port Source Limited. Ananya Ghosh, CFA has on behalf of Copal Amba, reviewed the information contained in this document, article or report according to the Procedures outlined by Port Source Limited. This is not company news and the views expressed herein do not reflect any opinion/recommendation/advice whatsoever about the companies mentioned herein. Content is sourced from publicly available sources including but not limited to stock exchanges, company press releases, and online news sources etc.

NOT FINANCIAL ADVICE

Copal Amba is not a registered financial advisor/investment advisor and the contents of this article or report are not to be construed as investment or financial advice (personal or otherwise). Port Source Limited and/or Copal Amba makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Copal Amba is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Copal Amba whatsoever for any direct, indirect or consequential loss arising from the use of this document. Copal Amba expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Copal Amba does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The information included in this document is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in ...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
"Peak 10 is a national cloud data center solutions managed services provider, and part of that is disaster recovery. We see a growing trend in the industry where companies are coming to us looking for assistance in their DR strategy," stated Andrew Cole, Director of Solutions Engineering at Peak 10, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...