Saturday, August 29, 2015

The 7 Largest Austrian HQ'd Companies 2014 Total Audited Losses From Continuing Operations Down 103% From 2013 ..... 2014 Total Audited Losses EUR 3.549 Bil Worse Than 2013 Earnings and EUR 6.223 Bil Worse Than 2007 Earnings

From a review of the Google Finance Website and the financial statements in company investor relations websites, I found 7 Companies headquartered in Austria with Stock Market Capitalizations of more than EURO 3 Bil.

How did these 7 Austrian Companies do in 2014?  Just horribly.  They registered Total GAAP Audited Losses of EUR 0.153 bil in 2014 as compared with Total Earnings of EUR 3.396 bil in 2013 and Total Earnings of EUR 6.070 bil in 2007. 

Below here are the reported Audited GAAP Earnings (Losses) From Continuing Operations for each of  these 7 Austrian HQ'd Companies reporting in Euros for all years reported from 2007 through 2014:



2014 2013 2012 2011 2010 2009 2008 2007


Most Audited Audited Audited Audited Audited Audited Audited Audited

Recent Net Net Net Net Net Net Net Net
City 2014 Income Income Income Income Income Income Income Income
Austrian Companies HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)


mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros











Erste Group Bank AG Vienna Dec14     (1,313)          200          631        (563)       1,186          977          399       1,522
OMV AG Vienna Dec14          613       1,729       1,790       1,588       1,214          717       1,529       1,843
Voestalpine AG Linz Mar15          594          503          522          413          595          187          612          752
Andritz AG Graz Dec14          210            53          241          232          177          103          147          138
Vienna Insurance Group AG Vienna Dec14          391          256          467          442          413          364          442          349
Telekom Austria Group AG Vienna Dec14        (185)            52          104        (253)          195            95          (49)          493
Raiffeisen Bank Intl AG Vienna Dec14        (463)          603          752          974       1,177          531       1,078          973



           




Total all 7

       (153)       3,396       4,507       2,833       4,957       2,974       4,158       6,070











Earnings Decline Amount:









….. 2014 Below 2013

    (3,549)






….. 2014 Below 2012

    (4,660)






….. 2014 Below 2010

    (5,110)






….. 2014 Below 2007

    (6,223)

















Earnings % Decline:









….. 2014 Below 2013

-105%