CFA Research Challenge 2024 The Local Level Final: The decision has been made
Vienna, March 1, 2024 - The CFA research challenge is a (CFA-sponsored) competition between student teams that
research a publicly traded company (public information, management meeting),
prepare a written report („initiation-of-coverage sell-side equity research report“), and
present their findings to a panel of judges.
The CFA research challenge has four competition levels
Local level (Austria, Vienna) => winning team will participate in
Sub-regional level final (pre-recorded, online) = > winning team(s) will participate in
EMEA-Regional level semifinal (April 2-3, 2024 live, online) => winning team will participate in
EMEA-Regional level final (April 4-5, 2024 live, online) and Global level final (May 13, 2024, live in Warsaw, Poland).
6,200 students from 1,000+ universities participated in 2022/2023. Last year’s winning team came from University of Sidney.
The decision
In 2024 Team Vienna University of Economics and Business led by Prof. Manfred Frühwirth and mentored by Michael Pirih, CFA won the competition and will represent CFA Society Austria at the Sub-regional level final.
Subject company 2024 – PORR AG
General description
PORR AG is one of the leading construction companies in Europe. As a full-service provider PORR AG offers all steps along the value chain of a construction project from a single source: from conception, planning and financing to construction and certification
Key facts
Financials 3Q 2023 in €m:
Revenue: 1,569
EBIT: 44
Net profit: 31