Wednesday, July 27, 2022

The 11 Largest Austrian Companies' 1Q 2022 Total Net Profits Increased By a Very Impressive 40% From That in the 1Q 2021

From a review of the investing.com website and the wsjmarkets.com website, I identified the 11 Austrian Companies with recent stock market caps above EURO 3 bil and that also reported both their 1Q 2022 and 1Q 21 earnings.  

Austrian Company Voestalpine had exceptional earnings growth but was excluded from the below table because the exact amount of its 1Q 2021 earnings from continuing operations was not disclosed by the Company.  For the fiscal year ended March 2022, its Consolidated Profits from Continuing Operations was Euro 1,072 mil, up 319% from the prior fiscal year's Euro 256 mil.

And from a review of the wallstreetjournalmarkets.com and investing.com websites and also from Company Internal Relations websites, the table below shows the Consolidated Net Profits (Losses) from Continuing Operations for the first quarters of both 2022 and 2021 for each of these 11 Austrian Companies.