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21st Austria weekly - ATX TR at 6710.46 - Frequentis, Austriacard and Strabag best-performing, AT&S with weakest performance (21/10/2023)

21st Austria weekly - ATX TR at 6710.46 Frequentis Austriacard and Strabag best-performing AT&S with weakest performance 21/10/2023 [pic1]Week 42 as the answer of all questions moment is: "Bearish".ATX lost 3.6 per cent to 6710 points. News came from Wolftank Wolford Marinomed Bawag Kapsch TrafficCom A1 Telekom Austria Andritz 2 voestalpine FACC Immofinanz
Kapsch Trafficcom Polytec Group Erste Group Wolftank Adisa Holding Addiko Bank Austriacard Holdings

Pierer Mobility warns of consolidation in bicycle industry depsite revenue rise

WELS, Austria - In the first six months of the year, Pierer Mobility AG achieved a new record revenue of €1.39 million, up 20.2%, compared to the previous first half-year. However, "the bicycle market as a whole is characterised by major changes. The consolidation that has already begun and is expected, will have profound effects on the entire bicycle industry," the motorcycle and e-bike specialist warns.
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