ATB Achieved Turnaround

Businessn.a. ♦ Published: April 30, 2012; 19:34 ♦ (Vindobona)

Sales of the Austrian motor producer were up by 10%. Operating profits rose to € 45.2m after € -88.2m in 2010.

ATB Achieved Turnaround / Picture: © ATB

ATB Group experienced a sales increase of almost 10% in financial year 2011 and the Group also managed to significantly improve its key financial figures.

In comparison to last year, the ATB Group sales revenues in 2011 increased by 9.7% to € 337.4m (2010: € 307.5m.) An analysis of the individual Business Units shows that the Industrial Motors division managed to increase…

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