FREQUENTIS: 1st place at Vienna Stock Exchange Award in Mid Cap category
The award ceremony took place on Tuesday evening during a large event at Palais Niederösterreich, in Vienna. In addition to qualitative criteria such as financial reporting, investor relations, strategy, corporate management, corporate governance, and sustainability, share performance also played a role in obtaining this award. In 2021, the Frequentis share improved by 47.5%, while the main Austrian index ATX increased by 38.9%.
"The award at this year's Vienna Stock Exchange Prize fills us with great pride," commented Norbert Haslacher, CEO of Frequentis. "At the same time, our success shows that investors favour companies with stable business models, such as Frequentis offers, especially in volatile stock market phases. My thanks go to all our employees, whose daily commitment contributes to the success and appreciation of our company on the capital markets."
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