21st Austria weekly - UBM Rosenbauer 08/04/2022 [pic1]UBM Development: Prospects at the beginning of past financial year pointed to a delayed corona dent but first six months already showed that 2021 would be better than expected. Revenue Austrian based real estate development company UBM rose by 51.8% Euro 278.3 mn while Total Output remained generally stable 471.0 mn. Net profit reached second highest level in UBM’s nearly 150-year history 43.7 mn among others due profitable sale projects before realisation. EBT amounted 60.1 and was slightly higher expectations capital market analysts all whom continue issue buy recommendation for share. The Management Board Supervisory
21st Austria weekly - UBM Andritz 25/05/2021 [pic1]UBM: Real estate developer UBM generated total output of Euro 89.6 mn in the first quarter 2021 compared with 86.3 previous year. EBT totalled at 16.1 and was substantially lower than year Q1/2020: 39.3 mn but that all-time high based on non-recurring effects. The same applies to profit for period net after tax which equalled 11.7 2021 11.2 2020 Euro 22.9 mn. will experience a corona dip spite sound quarter should return pre-corona level starting 2022. “All signs are pointing right direction“ indicated CEO Thomas G. Winkler optimism. coming months bring further sustainable financing activities new acquisitions revival hotel business.UBM: performance: 1.15% Andritz: International
07.02.2021
UBM: UBM Development announced that it acquired headquarters of luxury sports fashion manufacturer Willy Bogner in Munich for Euro 55 mn. The company is planning the development of a further large-scale project on a 12,000-square metre site in the up-and-coming eastern area of Munich. The project represents a continuation of this international real estate developer’s strategic positioning in the residential sector of Europe’s top cities. “This acquisition hits the bull´s eye of our strategy”, explains Thomas G. Winkler, CEO of UBM Development AG. The address St.-Veit-Straße 4 has been the company headquarters of the luxury sports fashion manufacturer Willy Bogner GmbH & Co. KGaA since the 1950s. The company has committed itself to a comprehensive performance programme and the sale of the company premises to UBM is part of this programme. The traditional Munich-based company will continue to use the headquarters as a tenant for at least two more years before fl