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financial updates on major companies and market trends in 2024

Wienerberger will release its financial figures for 2024 on February 13, 2025, while Diageo denies reports of selling Guinness. UltraTech Cement is in talks to acquire HeidelbergCement India, and ProSiebenSat.1 faces leadership changes amid shareholder conflicts. Ryanair's growth is hindered by Boeing's delivery issues, and merger talks between SGS and Bureau Veritas have ended.

Vienna Stock Exchange declines amid trade policy uncertainty and Raiffeisen losses

The Vienna Stock Exchange saw the ATX index drop 0.71% to 3,774.20 points amid rising uncertainty over US trade policies and disappointing economic expectations from Germany. Raiffeisen shares fell 4.5% due to a court ruling requiring a significant provision, while other banking stocks showed mixed results. Telekom Austria's recommendation was upgraded despite a slight target price reduction, and DO&CO's shares remained stable with a confirmed "buy" rating.

Vienna Stock Exchange declines amid worsening economic expectations and Raiffeisen losses

The Vienna Stock Exchange saw the ATX drop 0.53% to 3,781.01 points amid a cautious environment, influenced by a significant decline in German economic expectations. Raiffeisen shares fell 3.5% following a Russian court ruling requiring a €2 billion provision, while Telekom Austria's stock dipped 0.5% despite an upgraded investment recommendation.

Wienerberger extends CEO Heimo Scheuch's contract until 2029

Wienerberger's Supervisory Board has extended CEO Heimo Scheuch's mandate until 2029, reinforcing leadership stability at the world's largest brick manufacturer. Following the announcement, Wienerberger shares rose by 2.18 percent, reaching 26.22 euros in Vienna.
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