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Raiffeisen Bank shares reached a new 6-month high of EUR 19.61 on December 6, 2024, marking an 11.16% increase since November 29. The stock remains in an uptrend across all time frames, with a current distance of +11.21% from the 200-day moving average.
Günter Stadlberger, after two decades leading Raiffeisen Wels, is set to retire at 65. In a recent interview, he reflects on his tenure and the ongoing economic crisis, notably defending KTM boss Stefan Pierer while criticizing certain aspects of the current federal government.
The Companion Animal Healthcare Market, valued at USD 29.72 billion in 2023, is projected to reach USD 49.11 billion by 2032, growing at a CAGR of 7.44%. Key drivers include rising disposable incomes, increased pet ownership, and heightened awareness of animal health, while challenges involve strict regulations and limited veterinary professionals. The market encompasses a range of products and services, including medicines, diagnostic tests, and nutritional supplements for pets.
Investors who purchased Raiffeisen shares three years ago at a closing price of EUR 25.70 would now see their investment of EUR 100 reduced to EUR 75.18, reflecting a decline of 24.82%. As of December 5, 2024, the share price stands at EUR 19.32, with the company's market capitalization at EUR 6.35 billion.
Three years ago, Raiffeisen shares closed at EUR 25.70. An investment of EUR 100 would have resulted in 3.891 shares, now valued at EUR 75.18, reflecting a negative performance of 24.82%. Currently, Raiffeisen's market value stands at EUR 6.35 billion.
Raiffeisen Bank International's stock surged 7.3% to $5.02, with trading volume increasing by 655% compared to the average. The company reported $0.61 earnings per share and $2.48 billion in revenue for the quarter, maintaining a market cap of $6.60 billion and a PE ratio of 2.70. Despite the positive performance, analysts currently rate the stock as a "Hold," suggesting that other stocks may offer better investment opportunities.
Raiffeisen Bank faced significant IT issues early on Friday, impacting several services, including the "My ELBA" app and branch operations. The bank is actively working to resolve these disruptions and has apologized to customers for the inconvenience caused.
Wohnwagon, a pioneer in tiny house construction, is expanding its operations with new investments from Epoona and Raiffeisen Beteiligungsholding. The company aims to grow into a medium-sized enterprise, focusing on sustainable modular solid wood houses and plans to develop larger projects across the DACH region, including vacation apartments and hotels.
Johannes Schuster has been appointed to the Management Board of Raiffeisen Ware Austria, succeeding Stefan Mayerhofer. With 30 years of experience in the banking sector, Schuster is set to bring valuable expertise to the organization.
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