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
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
Korean Broadcasting System (KBS) will feature the upcoming 18th Cloud Expo | @ThingsExpo in a New York news documentary about the "New IT for the Future." The documentary will cover how big companies are transmitting or adopting the new IT for the future and will be filmed on the expo floor between June 7-June 9, 2016, at the Javits Center in New York City, New York. KBS has long been a leader in the development of the broadcasting culture of Korea. As the key public service broadcaster of Korea...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will discuss the vast to...