Austrian Airlines (AUA) closed 2010 with an operating loss of EUR 64.7m, down from EUR 290.9m for 2009. AUA, part of German Lufthansa, should return in the black in 2011.
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Cardboard maker Mayr-Melnhof (MM) said it will propose a dividend of EUR 1.95 for 2010, up from EUR 1.70 for 2009. MM's net profit grew 13.3% to EUR 110.4m for 2010, benefiting from the increase in demand. Sales rose to EUR 1.779bn from EUR 1.602bn. The company will target expansion in new markets.
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Wienerberger announced the takeover of family-owned facing brick producer Heylen Bricks in Belgium. The company booked sales of EUR 6.2m last year.
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Sport items maker Head said it has repurchased 10.06% of its own shares for EUR 4.17m. The stock will be used for serving the company's stock option programme.
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Wienerberger is interested in the brick business of HeldebergCement, Bloomberg reported, quoting the German company. However, a spokeswoman for the Austrian brick maker said that currently there are no talks over any takeover.
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