POLYTEC Holding

Polytec is a globally operating corporation, based in Austria, focusing on the automotive and plastics industries. Co. is engaged in the development and manufacturing of high-quality plastic parts. In the automotive industry, Co. works as supplier of exterior and engine compartment components in the high-volume market segment as well as a supplier of original equipment and components for small and medium series. Co. is active as a full-service provider in the area of injection molding, as a specialist in fiber-reinforced plastic components, as a manufacturer of original accessory parts made from plastic and as a developer of tailor-made industrial solutions made of polyurethane.
  • TickerPYT
  • ISINAT0000A00XX9
  • ExchangeVienna Stock Exchange
  • SectorAutomobiles & Parts
  • CountryAustria

Polytec 2Q 20 - Top line guidance heralds upside to our forecasts

2Q results were shaped by the expected strong top line pressure and a lower than project loss, the latter also partially driven by disposal gains. The call-off pattern of Polytecs customers remain volatile but we sense more confidence as regards H2, not least mirrored by the FY 20 sales guidance of EUR 520 mn. This implies clearly more moderate pressure in 2H and is ahead of our current forecast of EUR 489 mn.

Raiffeisen Centrobank Equity Daily 07.08.2020

 AT: AMAG - US government to reimpose 10% import duty on aluminium imports from Canada (negative)  AT: IMMOFINANZ - Successfully sells 9,600 sqm office building in Duesseldorf (positive)  AT: Oesterreichische Post - Slump of operating result about in line with expectations (neutral)  AT: OTP - Better 2Q on risk costs, but NIM erosion accelerated (neutral)  AT: Polytec - 2Q earnings beat RCBe partially due to one-off gains, FY 20 sales guidance of ca. EUR 520 mn is 6% ahead of RCBe (positive)  AT: Wienerberger - Extension of management board, both business units with designate...

Equity Weekly 060820

Company Events: (* preview included in the Equity Weekly) Friday, 07/08/2020 HU: MOL, 2Q Earnings Release* AT: Oesterreichische Post, 2Q Earnings Release* HU: OTP, 2Q Earnings Release* AT: Polytec, AGM AT: Polytec, 2Q Earnings Release* Monday, 10/08/2020 PL: Play Communications, 2Q Earnings Release Tuesday, 11/08/2020 CZ: CEZ, 2Q Earnings Release* RU: Unipro, 2Q Earnings Release* Wednesday, 12/08/2020 AT: DO & CO, 1Q Earnings Release AT: Kapsch TrafficCom, 1Q Preliminary results* PL: Lotos, 2Q Earnings Release AT: Wienerberger, 2Q Earnings Release* Thursday, 13/08/2020 PL: Netia, 2Q ...

Equity Weekly 300720

Company Events: (* preview included in the Equity Weekly) Friday, 31/07/2020 AT: Andritz, 2Q Earnings Release* AT: DO & CO, AGM AT: Erste Group, 2Q Earnings Release* HR: Valamar Riviera, 2Q Earnings Release* AT: Zumtobel, Dividend Payment (EUR 0.10) Monday,03/08/2020 RO: BRD-GSG, 2Q Earnings Release* HU: Gedeon Richter, 2Q Earnings Release* CZ: Komercni Banka, 2Q Earnings Release* Tuesday, 04/08/2020 AT: AT&S, 1Q Earnings Release* Wednesday, 05/08/2020 PL: Bank Pekao SA, 2Q Earnings Release* PL: Kety, 2Q Earnings Release AT: Lenzing, 2Q Earnings Release* HU: Magyar Telekom, 2Q Earnings...

Due to a more favourable environment, POLYTEC HOLDING slightly increases to Neutral

POLYTEC HOLDING (AT), a company active in the Auto Parts industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as moderately risky. At the fundamental level, theScreener confirms the rating of 0 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Neutral even if it remains under pressure. As of the analysis date July 17, 2020, the closing price was EUR 5.00 and its target price was estimated at EUR 3.57.

1 director bought

A director at Polytec Holding Ag bought 10,000 shares at 11.160EUR and the significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Polytec 2Q 20 - Top line guidance heralds upside to our forecasts

2Q results were shaped by the expected strong top line pressure and a lower than project loss, the latter also partially driven by disposal gains. The call-off pattern of Polytecs customers remain volatile but we sense more confidence as regards H2, not least mirrored by the FY 20 sales guidance of EUR 520 mn. This implies clearly more moderate pressure in 2H and is ahead of our current forecast of EUR 489 mn.

Raiffeisen Centrobank Equity Daily 07.08.2020

 AT: AMAG - US government to reimpose 10% import duty on aluminium imports from Canada (negative)  AT: IMMOFINANZ - Successfully sells 9,600 sqm office building in Duesseldorf (positive)  AT: Oesterreichische Post - Slump of operating result about in line with expectations (neutral)  AT: OTP - Better 2Q on risk costs, but NIM erosion accelerated (neutral)  AT: Polytec - 2Q earnings beat RCBe partially due to one-off gains, FY 20 sales guidance of ca. EUR 520 mn is 6% ahead of RCBe (positive)  AT: Wienerberger - Extension of management board, both business units with designate...

Equity Weekly 060820

Company Events: (* preview included in the Equity Weekly) Friday, 07/08/2020 HU: MOL, 2Q Earnings Release* AT: Oesterreichische Post, 2Q Earnings Release* HU: OTP, 2Q Earnings Release* AT: Polytec, AGM AT: Polytec, 2Q Earnings Release* Monday, 10/08/2020 PL: Play Communications, 2Q Earnings Release Tuesday, 11/08/2020 CZ: CEZ, 2Q Earnings Release* RU: Unipro, 2Q Earnings Release* Wednesday, 12/08/2020 AT: DO & CO, 1Q Earnings Release AT: Kapsch TrafficCom, 1Q Preliminary results* PL: Lotos, 2Q Earnings Release AT: Wienerberger, 2Q Earnings Release* Thursday, 13/08/2020 PL: Netia, 2Q ...

Equity Weekly 300720

Company Events: (* preview included in the Equity Weekly) Friday, 31/07/2020 AT: Andritz, 2Q Earnings Release* AT: DO & CO, AGM AT: Erste Group, 2Q Earnings Release* HR: Valamar Riviera, 2Q Earnings Release* AT: Zumtobel, Dividend Payment (EUR 0.10) Monday,03/08/2020 RO: BRD-GSG, 2Q Earnings Release* HU: Gedeon Richter, 2Q Earnings Release* CZ: Komercni Banka, 2Q Earnings Release* Tuesday, 04/08/2020 AT: AT&S, 1Q Earnings Release* Wednesday, 05/08/2020 PL: Bank Pekao SA, 2Q Earnings Release* PL: Kety, 2Q Earnings Release AT: Lenzing, 2Q Earnings Release* HU: Magyar Telekom, 2Q Earnings...

Raiffeisen Centrobank Equity Daily 09.07.2020

 AT: Agrana - 1Q in line with preliminaries, better sugar, weaker fruit (neutral)  AT: AT&S - CEO Gerstenmayer reappointed for another five years (neutral)  AT: IMMOFINANZ - Successful placement of shares at yesterday's closing price, 4% mandatory convertible note (positive)  AT: Polytec - Management will not propose a dividend to AGM (negative)  RO: Transgaz - Fitch Ratings confirmed Trangaz's rating at BBB- with a stable outlook (neutral)

Due to a more favourable environment, POLYTEC HOLDING slightly increases to Neutral

POLYTEC HOLDING (AT), a company active in the Auto Parts industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as moderately risky. At the fundamental level, theScreener confirms the rating of 0 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Neutral even if it remains under pressure. As of the analysis date July 17, 2020, the closing price was EUR 5.00 and its target price was estimated at EUR 3.57.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

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