A-Tec in the Red

CompaniesTechnology ♦ Published: November 30, 2010; 21:36 ♦ (Vindobona)

The insolvent Vienna Stock Exchange listed company undergoes sales declines and a negative EBIT.

A-Tec in the Red / Picture: © A-Tec

Sales revenue of A-Tec Group fell in the first nine months of 2010 by 4.3% to € 2,045.1 million. The operating result (EBIT) for the 3rd Quarter of 2010 was in the red. Positive results of the Minerals & Metals and Machine Tool Construction divisions could not offset the losses from the Plant Engineering Division.

However,  A-Tec Group is not publishing any concrete…